Croatia launches tender for Adriatic oil, gas exploration
Zagreb (AFP) April 02, 2014 - Croatia on Wednesday launched a tender for licenses to explore and drill for potential oil and gas reserves in the Adriatic, hoping to attract investments badly needed for its ailing economy. Representatives of more than 40 firms, including Russia's Gazprom and US oil giant ExxonMobil, attended a presentation of the 29 exploration blocks ranging between 1,000 and 1,600 square kilometres (386 ... more
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