03.09.2019

EUR 80m for exploration over five years

There is still potential

Environmental Protection and Energy Minister Tomislav Coric and Hydrocarbon Agency (AZU) Head Marijan Krpan held a press conference yesterday and said that there is still hydrocarbon potential to be explored in the Pannonian Basin and the four companies selected for this last week will invest about EUR 80m on exploration alone over the next five years. For now, the State does not plan to offer exploration concessions for the Adriatic again.

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