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

The Bulgarian National Bank has published clarifications on how the single currency will be written

In its “Questions and Answers” section on the introduction of the euro, the Bulgarian National Bank has published a clarification on how the single currency should be denoted and written in accordance with EU regulations. The name of the..

published on 11/14/25 10:01 AM

Bulgaria's government approves 2026 draft budget

The government approved the draft Law on the 2026 State Budget, as well as the Updated Medium-Term Budget Forecast for the 2026–2028 period. In connection with the introduction of the euro on January 1, 2026, all figures have been prepared in..

published on 11/13/25 3:35 PM

BNB Governor: Banks in Bulgaria are ready for the euro

Citizens should remain calm about the introduction of the euro in Bulgaria from January 1, 2026, as the Bulgarian National Bank and commercial banks are ready for all processes related to the currency conversion and distribution of euro banknotes. This..

published on 11/4/25 2:28 PM