At its regular weekly session, the Council of Ministers in Sofia decided that the deadline for searching and exploration of oil and natural gas in “Block 1-21 Khan Asparuh” would be extended by two years at the request of the licensees - Total, OMV and Repsol.
The block is located in the exclusive economic zone of Bulgaria in the Black Sea and is being explored on the basis of a contract that expired at the end of January.
During the two-year extension, additional geological and geophysical works and seismic surveys, worth 3 million euros, will be carried out.On Tuesday, the cloudiness will still break and decrease from the north , it will be mostly sunny in Northern Bulgaria . Overcast skies are expected in Southeastern Bulgaria and the Rhodopes, where light snow will still fall in places...
President Rumen Radev will hand over the first exploratory mandate to form a government on Wednesday January 15 at 12 noon, the head of state's press secretariat said. The mandate will be given to the prime ministerial candidate nominated by the largest..
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Bulgaria has no errors in the absorption of EU funds in agriculture and natural resources for 2023, according to the annual report of the European..
The Bulgarian satellite Balkan-1 has been launched into Earth orbit to transmit data for the EU's Copernicus programme . The satellite is a development..
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