Supported byClarion Energy
HomeUncategorizedOil shale exploration...

Oil shale exploration project on hold, consultant still not selected

Government of Serbia will repeat the procurement tender for selection of consultant for advisory position in joint venture project for oil shale exploration from Aleksinac basin.

23 domestic and foreign companies purchased the tender documentation but no formal bid was submitted within the projected time frame. The reason could be the small budget for this consultancy project, 20 mill dinars, as the projected value was based on this fact, stated Milivoje Mihajlovic director of Government office for media relations.The government will surely re-evaluate additional funds for this project.

This delay will disturb the oil shale project exploration as it is a government strategic orientation that this project starts as soon as possible. The reserves are existing and in large quantities, it is a project of strategic development, says Mihajlovic.

The repeated tender procedure will be realized within next month, all companies who already took the tender documents will begiven an opportunity to submit offer. The government is expecting that this advisory consultancy project for assessment and selection of joint venture partner will start soon.

Source Serbia-energy.com

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Europe: Brent prices recover on Middle East developments as gas and CO2 markets stay steady

Front-month Brent crude oil futures on the ICE market recorded a weekly low settlement price of $99.25/bbl on Tuesday, September 22, following five consecutive sessions of declines. According to data analyzed by AleaSoft Energy Forecasting, this was the lowest...

Europe: Power prices climb across major markets amid lower wind generation

Weekly average electricity prices increased across most major European electricity markets during the fourth week of September, with Italy the only market to record a decline. The Nordic market posted the strongest weekly increase, with prices rising 35%, followed...

Europe: Electricity demand declines across major markets amid cooler temperatures

Electricity demand declined across most major European power markets during the week of September 21 compared with the previous week. Italy recorded the largest decrease, at 3.7%, followed by Belgium, where demand fell by 3.5%. Germany saw demand decline...
Supported byVirtu Energy