Baku 16° C
Georgia to start oil exploration in Black Sea
Energy
- 09 November, 2021
- 13:30
Add Report.az to preferred Google sources
Stay up to date with the top news!
Georgia will begin oil exploration on the Black Sea shelf in May 2022, Report informs, citing the Georgian Oil and Gas Corporation.
An Austrian company will carry out large-scale geological research. The total cost of the project is $30 million.
Georgia signed a production sharing agreement with OMV Petrom in April 2021. According to the document, the Austrian company has developed a 7-year action plan in Georgia.
Author
Gürcüstan gələn il Qara dənizdə neft axtaracaq
В будущем году Грузия приступит к разведке нефти в Черном море
Latest News
18:28
Anar Imanov presents Azerbaijan's green transition achievements in Zagreb
Foreign policy
18:13
Video
Rock collapse kills two at Cappadocia open-air museum entrance
Region
18:08
President Ilham Aliyev offers condolences to Spain's King Felipe VI
Foreign policy
17:56
Azerbaijan's potato exports rise 9.1% in January–September
Business
17:36
Azerbaijan's avocado imports fall 5.5% in value in January–August
AIC
17:21
Northern Cyprus voices regret over Mahmoud Abbas' visit to Republic of Cyprus
Other countries
17:15
EU urges 12-month delay to national child social media laws
Other countries
17:09
Polish swimmer expects Azerbaijan to host one of Oceanman's best events
Individual sports
17:03
Azerbaijan, Jordan discuss energy cooperation and joint projects
Energy