Europe: Brent oil, TTF...

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HomeSEE Energy NewsBulgaria wants to...

Bulgaria wants to become a partner in Khan Asparuh consortium

Bulgarian Parliamentary Committee on Energy will submit country’s proposal to join as a third partner in the consortium that will search for gas in block 1-21 Khan Asparuh in the Black Sea

Committee Chairman Delyan Dobrev said that the funds needed for the next drilling are about 100 million euros. Bulgarian Energy Holding (BEH) will be able to contribute 20% or 20 million euros. The sooner this proposal is made, the earlier the exploratory drilling will be done to prove the availability of natural gas in the block and the final investment decision will be made to exploit these resources, Dobrev said. 

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