Published on Aug 29, 2012 by Euronews
http://www.euronews.com/ A consortium of energy companies has signed a deal is to start exploring for gas and oil off Bulgaria's Black Sea coast.
French oil major Total, Austria's OMV and Spain's Repsol plan to spend hundreds of millions of euros to drill two wells near to a site in Romanian waters where a successful gas discovery was made.
The deal boosts Bulgaria's hopes to end its almost complete dependence on Russian gas imports.
...French oil major Total, Austria's OMV and Spain's Repsol plan to spend hundreds of millions of euros to drill two wells near to a site in Romanian waters where a successful gas discovery was made.
The deal boosts Bulgaria's hopes to end its almost complete dependence on Russian gas imports.
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