Bosnia’s largest engineering group, Energoinvest, issued an international tender yesterday seeking partners to explore potential natural gas and oilfields in the Muslim-Croat section of the country.
Record crude prices have prompted the government to revive oil and gas exploration plans dating back to before the 1992-95 war, when US and British researchers found oil deposits in the country’s north and south. Energoinvest was the local partner in the original project and the Muslim-Croat federation government ordered it last year to draft a plan of exploration of five potential oilfields for 2008-2017.
The company invited firms and investors with a long-term record in natural gas and oil exploration to send non-binding letters of intent within a month from yesterday.
(KATHIMERINI, 09/04/2008)