Text size

13 billion cubic meters of gas estimated in the Khan Asparuh exploration block near Varna

published on 7/9/23 11:30 AM

Photo: BNR archive

French Total and Austrian OMV, who are exploring the Black Sea gas deposits, expect to find 13 bcm in the Khan Asparuh exploration block near Varna. The two companies told this to the Parliamentary Energy Committee and the news was announced on Facebook by Committee Chairman Delyan Dobrev. He will propose the state to join the consortium as a shareholder with up to 35% stake. The MP will submit the draft next week.

Former Energy Minister Dobrev points out that Bulgaria uses 2.5 bcm annually. The expected production of Bulgarian gas in the Bulgarian special economic zone in the Black Sea will be 5 times higher, so the country will be able to export blue fuel to Europe.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy 13 bcm Black Sea Delyan Dobrev gas gas deposits Khan Asparuh Khan Asparuh block OMV Total

More from category

The model of EU subsidies distorts agricultural production in Bulgaria, the director of the Institute of Agrarian Economics says

In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said Prof. Dr. Bozhidar Ivanov, Director of the Institute of Agrarian Economics at an international..

published on 10/31/24 9:39 AM

Business climate in Bulgaria worsens in October

In October 2024, the total business climate indicator decreased by 5.6 percentage points compared to September, dropping from 22.5% to 16.9%. The index declined in all monitored sectors, the National Statistical Institute announced. In industry, the..

published on 10/30/24 1:36 PM

Institute for Market Economics: The future administration of the country must make unpopular decisions

Petar Ganev , senior researcher at the Institute for Market Economics announced, for the BNR, the publication of their white paper of the Bulgarian economy – Unlocking growth: the road ahead after the election. “Concord should be sought and..

published on 10/30/24 10:41 AM

WEATHER

Pick city: Sofía

Partly cloudy, chance of snow
Min: -2 | Max: 1

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

Financial Supervision Commission: The assets of private pension funds have reached EUR 13 billion

The assets of private pension funds have reached EUR 13 billion. According to data from the Financial Supervision Commission, they have increased by..

published on 11/21/24 5:30 PM

Share