Friday, 18 July 2014

Croatia opens first onshore licensing round

OSIJEK, Croatia (Bloomberg) -- Croatia started a tender for onshore hydrocarbon exploration to boost investments and reduce dependence on gas imports from Russia and other countries. This is the first of three continental tenders planned that will cover a total of six research blocks, each between 2.1 sq km (0.8 sq mi) to 2.6 sq km, along Drava and Sava rivers, Economy Minister Ivan Vrdoljak told reporters in Osijek, eastern Croatia. The tender will close on Feb. 18.


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