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A seismic vibration machine used in the oil and gas exploration activities near Shumen, photo by Darik radio
The second stage of oil and conventional gas exploration in Bulgaria's Provadia Block has been met with opposition by local residents.
The exploration activities are part of a project for studying the Provadia Block which was launched in 2011.
On Tuesday, however, the work of the contractors was delayed by a spontaneous protest of the residents of the villages of Ovcharovo and Kostna Reka, who voiced worries over environmental pollution and health risks.
The machines conducting seismic exploration have been on the territory of the villages since the beginning of the week, with locals insisting that they were never informed about the drilling.
The company contracted to conduct the oil and gas exploration activities insists that it informed all mayoral administrations in the region.
Stoyan Katsarov, supervisor of the exploration activities, firmly rejects allegations of a negative environmental impact.
He assures that the seismic testing poses no risks to the environment, adding that the technology is used all over the world.
The exploration activities near the northeastern city of Shumen will continue for another month and the presence of oil and conventional gas fields in the region will be determined in a few months' time.
Lukoil has announced that all of its gas stations across Bulgaria are operating as usual and will continue to do so without interruption
Martin Vladimirov, director of the Geoeconomics Program at the Center for the Study of Democracy, said in an interview with the Bulgarian National Radio that the most beneficial outcome for Bulgaria would be for a strategic Western investor to acquire Luk
Energy Minister Zhecho Stankov has reassured Bulgarian citizens that the country’s fuel reserves are sufficient to cover domestic needs for several months
Bulgaria stands at a pivotal moment in its energy strategy, with the potential to become a major energy exporter if it navigates its geopolitical and domestic energy policies effectively
Bulgaria currently has gasoline reserves sufficient for around 35 days and diesel for over 50 days, according to Assen Assenov, chairman of the State Agency “State Reserve and Wartime Stocks”
Fuel prices in Bulgaria have been gradually rising over the past three weeks
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