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OIL IN MACEDONIA


National.

Decades ago, the former Yugoslav government began digging for oil in Macedonia. The project was stopped for unexplained reasons. However, interest has picked up again. Norwegian, Turkish and Kazakh oil and gas companies are planning to come to Macedonia to see how much oil there is under the surface at the untapped Ergelija field near Sveti Nikole in east Macedonia.

According to Vreme, the new Minister for Foreign Investment, and former Vice-President for Publicity and Marketing of the AMBO oil pipeline project, Gligor Taskovic has contact with the heads of some big world’s energy companies over the resumption of oil exploration in eastern Macedonia. The new government rated the development of the energy sector among its top priorities for the economic development of the country.

MD:That would be a big boost for our economy!

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February 27 2010:
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