AMBO Oil Pipeline

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AMBO Oil Pipeline was a proposed oil pipeline in the Balkans.

Location

The pipeline would run from the Black Sea Port in Burgas, Bulgaria, to the port of Vlorë, Albania.

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Project Details

• Operator: AMBO Pipeline Limited
• Operator: AMBO Pipeline Limited
• Operator: AMBO Pipeline Limited
• Proposed capacity: 750,000 barrels per day
• Length: 816 kilometers
• Expected cost: $2 million USD
• Status: Proposed

Background

AMBO was first conceived in the summer of 1993. On 27 December 2004, prime-ministers of Albania, the Republic of Macedonia (now North Macedonia) and Bulgaria, along with the president and CEO of AMBO, signed an MoU for the pipeline. On 31 January 2007, the Republic of Macedonia, Bulgaria and Albania signed a trilateral convention on the construction of the AMBO pipeline. The pipeline was expected to be operational by 2011, but construction never began.

In 2011 AMBO said the project has kept a low profile in recent years while seeking major investors and waiting for the timing of the project to materialize.

As of 2017 the project has yet to materialize or move forward.

In 2022, the project was taken over by AMBO Pipeline Limited and revived, although the project has yet to ascertain a source of funding.

Description

The aim of the 912 kilometer-long pipeline was to bypass the Turkish Straits in transportation of Russian and Caspian Sea oil. The pipeline was expected to cost about US$1.5 billion and it would have a capacity of 750,000 barrels per day. There would be four pump stations, two in Bulgaria and one each in the Republic of Macedonia and Albania, constructed along the route. A pre-front-end engineering and design study (FEED) was to be prepared by KBR Company.

Project company

The pipeline was to be built and operated by the US-registered Albanian Macedonian Bulgarian Oil Corporation (AMBO). The project was backed by the US government, who financed a feasibility study of pipeline.

Alternative projects

Other pipeline projects were the Burgas-Alexandroupolis Oil Pipeline from Burgas to the Aegean Port Alexandroupoli in Greece, and the Pan-European Oil Pipeline from Constanţa in Romania to Trieste in Italy. Compared with Burgas-Alexandroupoli pipeline, the AMBO pipeline would be longer and more expensive.

Articles and resources

External articles

Wikipedia also has an article on AMBO Oil Pipeline. This article may use content from the Wikipedia article under the terms of the GFDL.