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2015-03-12 20:50:00

BULGARIA WANT SOUTH STREAM

BULGARIA WANT SOUTH STREAM

The Bulgarian Government reportedly launched a €33,000 tender for the offshore section of the South Stream project, in order to better understand some financial implications of the project.

According to Novite, the Regional Development Ministry wants the winner of the tender to come up with a methodology to define the easement compensation for the Pasha Dere beach near Varna, and an appraisal of the building lease for the seabed.

Interested companies are called to submit their bids by April 9, 2015.

In December 2014, Russian President Vladimir Putin announced that the South Stream project had been cancelled, blaming Bulgaria for its alleged delays in granting permission for the pipeline. Putin then suggested Sofia to ask for compensation from Brussels.

Over the last weeks, the Bulgarian Government increasingly paid attention to energy issues. It welcomed the High Level Working Group and the related "regional approach" to gas projects, while spearheading a revival of the South Stream pipeline.

On Tuesday, Bulgaria's Prime Minister Boyko Borissov met with Germany's Foreign Minister Frank-Walter Steinmeier. The parts also discussed energy projects in the region.

naturalgaseurope.com

Tags: SOUTH, STREAM, BULGARIA, RUSSIA, GAS,

Chronicle:

BULGARIA WANT SOUTH STREAM
November, 22, 11:05:00

NIGERIA & CHEVRON PROJECT &1.7 BLN

Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Limited (CNL) have executed the second and final phase of an Alternative Financing Agreement that would increase crude oil production in the country by about 39,000 barrels per day.

BULGARIA WANT SOUTH STREAM
November, 22, 11:00:00

MAERSK-AKER-HALLIBURTON ALLIANCE

OGJ - Maersk Drilling and Aker BP announced a drilling rig alliance based on a tripartite collaboration model that also includes service provider Halliburton Co.

BULGARIA WANT SOUTH STREAM
November, 20, 09:35:00

OIL PRICE: ABOVE $62 YET

REUTERS - Brent crude futures LCOc1, the international benchmark for oil prices, were at $62.56 per barrel at 0439 GMT, down 16 cents, or 0.3 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were at $56.59 a barrel, up 4 cents, or 0.1 percent, from their last settlement.

BULGARIA WANT SOUTH STREAM
November, 20, 09:30:00

ROSNEFT'S WORLD RECORD: 15000 M

Rosneft as a member of Sakhalin-1 Consortium successfully completed drilling of the world's longest well from Orlan platform at Chaivo field in the Sea of Okhotsk. The length of the well with horizontal completion is 15000 m which currently is a world record. This is a supercomplex well with DDI (Directional drilling index) of 8.0 and 14,129 m stepout.

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