TIRANA, September 19
All the companies and subjects that are interested in exploring the Albanian grounds for oil and gas opportunities have now the chance to participate in the auction for Block B located in Rodon area, Western Albania. Recently, the Albanian government has been seeking bids for oil search by private companies. After the announcement of bids for Panaja and blocks 5 and C, it wants to give the right of exploitation even for Block B.
The deadline for interested subjects that want to submit applications on this block is October 10, 2016, while the deadline for the other areas is November 30 and the offers will be scrutinized by the National Resources Agency. Block B covers an area of about 776 square kilometres and has 13 oil wells in the areas of Ishem, Fushekuqe, Thumane, Adriatik and Milot.
News Source/ Photo Credit: Scan TV