Thirteen oil exploration blocks, including one offshore, will be offered to major oil companies, after a significant discovery attracted strong interest, Reuters reports.
TIRANA, May 7 – Albania plans to auction off several oil exploration licences, Energy and Mining Minister Damian Gjiknuri has revealed in an interview with the Reuters international news agency this week.
Reuters reported that 13 oil exploration blocks, including one offshore, will be offered to major oil companies and other foreign companies after a significant discovery has attracted strong interest.
Royal Dutch Shell and Petromanas Energy Inc said in November they had found good quality oil and gas in test flows from their first well in Shpirag, in southern Albania, and continue drilling to determine the capacity of the reservoir, Reuters reported.
