Bulgarian Govt Doesn't Pull the Plug on BA Oil Pipeline Yet
Sofia News Agency 2011, July 13
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Publisher Description
The Bulgarian government has approved a contribution to the Bulgarian state company for the construction of the vastly troubled Burgas-Alexandroupolis oil pipeline, which is at the bare minimum for keeping the project alive. With its decision Wednesday, the Borisov Cabinet has agreed to increase the capital of the state-owned Project Company "Burgas-Alexandroupolis Oil Pipeline" BG EAD by issuing bonds worth BGN 150 000 that will be acquired by the Finance Ministry.
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