Burgas-Alexandroupoli, the new energy map, and Russia's role in covering the EU's energy needs (in the form of Q&A Analysis in order to facilitate the readers)
Article from: OGEL 4 (2007), in Energy Security
With no tanker fleet of its own, Russia is forced to lower it prices to render its hydrocarbons competitive for transport through the congested Bosporus to markets beyond. Reliable Greek tanker transport between Novorossiysk and Burgas would thus mean greater profits for Moscow - with a measure of insurance against potential instability in Turkey - while Iran is still isolated internationally and unable to challenge Russian energy delivery in terms of infrastructure. With the Burgas-Alexadroupoli pipeline and the potential for Russian-interest refineries in Greece opening both prospects ...