Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
Follow:
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
NEWS BY TOPIC
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
NEWS BY SECTOR
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Melrose Resources Begins Work on Bulgarian Gas Deposits
MELROSE RESOURCES BEGINS WORK ON BULGARIAN GAS DEPOSITS
Date: 04/11/2010
Source: novinite.com
Melrose Resources Begins Work on Bulgarian Gas Deposits

British oil and gas explorer Melrose Resources is starting work at its Bulgarian deposits Kaliakra and Kavarna on Thursday, the Bulgarian Economy Ministry has announced.

In the summer, the Bulgarian government granted two weeks ago a ten-year concession for the extraction of natural gas to the UK company.

The stock of both deposits amounts to 2,5 billion cubic meters and is expected to provide at least 255 million cubic meters of natural gas per year by 2015.

The company foresees a production of 500 million cubic meters.

Data from the Economy Ministry shows that the expected revenues for the duration of the concession are over 73 million dollars. However, there is no information from Melrose Resources about the price of the natural gas extracted in Bulgaria and to whom it would be sold.

Until now, the company was exploiting the Galata deposit, which is already depleted.


Topic: Business



Featured District
SLIVEN DISTRICT AND CITY INFORMATIONSliven
Invest Bulgaria Charts
Employed People in Bulgaria
Employed People in Bulgaria

Private Sector External Debt of Bulgaria
Private Sector External Debt of Bulgaria

See all charts
Did You Know?
Bulgarian Name Days
Bulgarian Name Days
In Bulgaria, Name Days are celebrated in addition to birthdays. A Name Day is celebrated by people ... More

Veliko Tarnovo is one of the most ancient Bulgarian towns. The picturesque situation and panoramic view of the town, its rich cultural and historical heritage wins Veliko Tarnovo the recognition as a historical, cultural and tourist center of contemporary Bulgaria.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2019 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.


SEO оптимизация Bulgaria Translation Bulgarian Agriculture Bulgarian Textile BestFlowers.bg Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works. Maintained by Website Maintenance, the kings of Website Migration.


Our Featured Members