Representatives of the Bulgarian and Russian shareholders in the Bourgas-Alexandroupolis oil pipeline project discussed in Moscow a proposal for funding the project made by the Rusian company Transneft, Roumen Porozhanov, member of the Supervisory Board of the international project company Trans Balkan Pipeline B.V.
said, quoted in a press release of the Bulgarian Finance Ministry.

The participants in the meeting agreed that Transneft's proposal will be further developed in detail by Trans Balkan Pipeline to set out the economic benefits for the shareholders in the context of the possible construction and operation of the pipeline.