On 27 December 2004, prime-ministers of Albania, the Republic of Macedonia and Bulgaria signed the latest political declaration, followed by the memorandum of understanding between representatives of Albania, the Republic of Macedonia and Bulgaria and Ted Ferguson, the president and CEO of AMBO.
[1] On 30 October 2006, Albania and the Republic of Macedonia signed a protocol to determinate the entrance points of 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 aim of the 912-kilometre (567 mi) long pipeline was to bypass the Turkish Straits in transportation of Russian and Caspian oil.
[4] The pipeline was to be built and operated by the US-registered Albanian Macedonian Bulgarian Oil Corporation (AMBO).