Bulgarian Government announced that it has extended oil and gas exploration permit of Moesia Oil and Gas Bulgaria for the 1-7 Tarnak onshore block in northwestern part of the country by additional 399 days. The statement from the Government said that the reason for this extension is a delay in the administrative procedure regarding the transfer of rights and obligations related to exploration activities.
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Tags: Bulgaria, exploration, gas, Moesia Oil & Gas, oil, Tarnak