Send to Kindle
Bulgarian Economy and Energy Minister, Delyan Dobrev, says there is very good prospective to find gas in the Black Sea shelf. Photo by BGNES
Bulgaria is launching a public procurement tender for the study and exploration of possible gas deposits in the Black Sea continental shelf.
The reported deadline for the bidders is May 30, 2012.
Just one day ago, Economy and Energy Minister, Delyan Dobrev, commented that the prospective to find gas in the sea shelf were "very good," stressing the interest of the largest company in the world for the exploitation of gas deposits was an evidence for it. Dobrev declined naming the company.
Prime Minister, Boyko Borisov, also hinted in a TV interview that Bulgaria might have a substantial deposit of conventional gas. He pointed out that the ban on exploration of deposits of energy resources other than shale gas must be dropped.
Bulgarian Dnevnik daily reports that according to the internet page of the Council of Ministers a decision to grant permission for exploration and exploitation of oil and natural gas in Bulgaria's Black Sea zone had been made at the end of October 2011. It includes an area of 14 220 square meters and it is located precisely in the disputed by Romania 17 square km section.
Dnevnik further reports that US Ambassador to Sofia, James Warlick, had confirmed before them that Exxon Mobil is interested in exploring natural gas in Bulgaria's Black Sea zone.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
CIA Director William Burns has issued a stark warning, asserting that Ukraine may face defeat in its war against Russia by the end of this year if the United States does not step up its military assistance
Romania is making strides toward joining the Visa Waiver Program, a significant milestone that would enable its citizens to travel to the United States visa-free for up to 90 days
A Russian airstrike on the city of Dnipro in central Ukraine has resulted in the loss of at least eight lives and left 21 individuals wounded
Ukraine's military announced the destruction of a Russian Tu-22 strategic bomber, allegedly involved in nighttime airstrikes targeting Ukrainian cities
NATO has announced plans to send Patriot air defense systems to the embattled nation
Ukraine's Prime Minister, Denys Shmyhal, issued a stark warning, stating that a third world war would erupt if Russia emerged victorious in the ongoing conflict
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
