Thu, Jun 20 2013
Polish prime minister Donald Tusk
Photo: Reuters
Economy Minister says that the process of exploration for shale gas is no different than any other drilling procedure.
The impact of shale gas exploration
The contract will be signed within several days, Economy Minister Traicho Traikov said.
According to preliminary estimates, the field near the town of Novi Pazar has reserves of about one trillion cu m of shale gas, which would ensure the country's gas consumption in the next 300 years.
Chevron and Integrity Towers Inc, two American companies will compete for the right to extract shale gas in Bulgaria, the Ministry of Economy said in a media statement.
Asked by Bulgarian journalists if he wasn't meddling too much in Bulgaria's energy policy, Warlick said he was concerned solely about transparency and diversification.
World leaders acknowledged Putin's victory with reservations, and international observers say the election was skewed in the former president's favour.
Hollande's call for more spending and economic growth has struck a chord with French voters.
Gallup International Association poll gives president Sarkisian’s party 44 per cent, while three main challengers alleged ‘machinations’ by ruling party in what – in contrast to 2008 – reportedly was a largely peaceful election.
The Freedom House report says the media environment in the Middle East and North Africa underwent major improvements in 2011, but remained the worst-performing part of the world.
Dissatisfaction with jobs is a global phenomenon and two-thirds of workers all over the world intend to look for another job in the near future, the survey concluded.