BREAKING NEWS

Bulgaria scraps oil pipeline with Russia, Greece

By ASSOCIATED PRESS

JUNE 11, 2010 22:50

SOFIA, Bulgaria — Bulgaria dealt a blow Friday to Moscow's growing energy hold on Europe, announcing it would scupper a $1.21 billion pipeline deal to bring Russian oil to Greece due to environmental concerns stemming from the disastrous oil spill off the US coast.

Prime Minister Boiko Borisov said he informed EU ambassadors that Bulgaria would withdraw from the project because of resistance from residents of the country's Black Sea town of Burgas — where the pipeline was due to start.

"We all saw what is happening in the Gulf of Mexico," Borisov said. "I explained to the ambassadors how stormy the sea is, how narrow the bay is and what efforts would be required for a tanker to enter it on a daily basis."

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