... sovereignty over the waterway. ECONOMICAL STUDY: It's time for the economical importance of the straits to Turkey and other countries. All the maritime traffic of the Russian Federation, Ukraine, Bulgaria, Romania and Georgia, which have coasts around the Black Sea, is conducted through this route and the maritime economy is very important for these countries. The oil need table shows the ... straits only in the oil industry. Oil Needs of the Black Sea States Country Consumption Production Imports Refining Capacity Bulgaria 109 1 108 300 Georgia 21 2 19 109 Moldova 20 0 20 0 Romania 275...

• Word Count: 4060
• Approx Pages: 16
• Grade Level: High School