vokrug-sveta.info
Oil and gas explorations in the continental shelf of the Black Sea will begin in February next year, Bulgarian Prime Minister Boyko Borisov announced on Saturday, Novinite news agency reported.
Borisov said that, had his previous government not been forced to resign in 2013, the exploration of the Khan Asparuh field would have started by now, according to Novinite.
Each year, Bulgaria spends $6.7 billion on the imports of hydrocarbons, while the country's vast reserves remained widely unexploited, the prime minister stated.
At this, he pointed to the successful example of Romania, which has already developed its Black Sea shelf and imports only 10% of needed fuels.