Text size

13 billion cubic meters of gas estimated in the Khan Asparuh exploration block near Varna

published on 7/9/23 11:30 AM

Photo: BNR archive

French Total and Austrian OMV, who are exploring the Black Sea gas deposits, expect to find 13 bcm in the Khan Asparuh exploration block near Varna. The two companies told this to the Parliamentary Energy Committee and the news was announced on Facebook by Committee Chairman Delyan Dobrev. He will propose the state to join the consortium as a shareholder with up to 35% stake. The MP will submit the draft next week.

Former Energy Minister Dobrev points out that Bulgaria uses 2.5 bcm annually. The expected production of Bulgarian gas in the Bulgarian special economic zone in the Black Sea will be 5 times higher, so the country will be able to export blue fuel to Europe.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy 13 bcm Black Sea Delyan Dobrev gas gas deposits Khan Asparuh Khan Asparuh block OMV Total

More from category

Bulgaria ranks second in EU for house price growth in early 2025 – Eurostat

Bulgaria recorded the second-highest annual house price growth in the European Union in the first quarter of 2025, according to Eurostat data released this week. A 100 square meter apartment in Bulgaria costs 199 average monthly salaries Property..

published on 7/17/25 11:15 AM

Temenuzhka Petkova: June inflation is expected to meet the euro area price stability criterion

Bulgaria’s Minister of Finance Temenuzhka Petkova announced that Bulgaria is expected to meet the eurozone's price stability criterion again in June. According to Minister Petkova, monthly inflation for June was 0.4% compared to May, when inflation was..

published on 7/16/25 1:21 PM

Bulgaria places international Eurobonds for the second time in 2025 for 3.2 billion euros

With record interest, Bulgaria's Ministry of Finance has successfully placed debt on international capital markets, the institution announced. Two tranches of bonds in euros were sold. The 10-year bonds were for 2 billion euros with an annual interest..

published on 7/16/25 10:09 AM