Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Shell to search for oil and gas in Black Sea

Photo: library

Within a period of 5 years Royal Dutch Shell will be searching for oil and natural gas in the Silistar Block 1-14 in the Black Sea after today the company signed an agreement for exploration with the Bulgarian government. The contract has a term of five years with an option for two extensions for two years each, it was reported. In order for actual research works to begin, it is still necessary that Shell obtains all necessary permits. According to Bulgarian Minister of Energy, Temenuzhka Petkova, the agreement was an important step towards achieving one of the main priorities of Bulgaria in the energy sector - diversification of supply sources of natural gas.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

EU ambassadors reach agreement on Bulgaria’s entry into Schengen by land

The ambassadors of the EU Member States have reached a preliminary agreement on the draft decision to abolish checks at internal land borders for Bulgaria and Romania. This is planned to happen on January 1, 2025. The decision is expected to be finally..

published on 11/27/24 5:45 PM

Shopping malls vow to step up security after series of aggressive acts

Shopping malls in Sofia and across the country will increase the number of security guards where needed. Additional panic buttons are also to be put in place if retailers wish, the Bulgarian Retail Association said. Groups of suspicious persons will be..

published on 11/27/24 4:44 PM

Bulgaria is 3% away from entering the US Visa Waiver Program

The U.S. Department of State today released the data for the refused type B visas for the financial year 2024. For Bulgaria, this percentage is 6.02%, which marks a significant decrease compared to last year, when it was 11.61%. This is the lowest..

published on 11/27/24 4:09 PM