----- Original Message -----
From: Rick Rozoff <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Friday, August 18, 2000 11:56 AM
Subject: [STOPNATO] Trans-Balkan Oil Line Appears Feasible: U.S. Study


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http://www.albaniannews.com
Albanian Daily News
Friday August 18, 2000



Trans-Balkan Oil Line Appears Feasible


The Albanian-Macedonian-Bulgarian Oil Pipeline Corp.
(AMBO), Pound Ridge, NY, and the governments of
Bulgaria, Macedonia and Albania said last week that a
US-sponsored feasibility study of the proposed
Trans-Balkan Oil Pipeline project has been completed
and delivered to the contracting parties.

The report provides a "commercially compelling
proposition" to the major oil companies who are
developing their oil fields in the Caspian Sea who
have chosen the Black Sea export route to the
Mediterranean Sea, said Gligor Tashkovich, executive
vice-president of AMBO.

The large, recently-developed oil fields "confirm the
requirement for multiple export routes out of the
Caspian region," said Tashkovich. "We believe that the
Trans-Balkan Oil Pipeline will be one of the more
significant routes to be developed."

The $1 million study updated and enlarged the
project's original feasibility study of 1996.

AMBO is developing a $1.1 billion pipeline, which will
carry crude from the Bulgarian Black Sea port of
Burgas to the Albanian Adriatic Sea port of Vlora.

The pipeline has a projected throughput of 750,000 b/d
of oil. (Oil and Gas Journal)



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