Bulgarian PM: "Drilling for Oil, Gas in Bulgaria's Black Sea Shelf to Start in February"

Bulgarian PM: "Drilling for Oil, Gas in Bulgaria's Black Sea Shelf to Start in February"
Варна - Бойко Борисов - брегови център – откриване

Varna, on the Black Sea, August 15 (BTA) – Drilling for oil and natural gas in Bulgaria’s Black Sea shelf is supposed to start in February, Bulgarian Prime Minister Boyko Borissov said here on Saturday. In his words, the deposits are “huge”. “Nobody is happy to see Bulgaria independent of [imported] gas because we’re customers. Annually, we pay 6,700 million dollars for hydrocarbons while our own deposits remain unexploited. My problems with the Russians began after I awarded the [gas exploration] concession to the large consortium of one Austrian, one French and one Spanish company. The Russians will hate to see their customer gone,” the PM pointed out.More…