ROMANIAN COMPANY IN SEARCH FOR OIL
Bucharest-based consulting company Prospect Uni prepared a report on request of Macedonian Government about feasibility of oil research in Macedonia.
Romanian experts established that the dilemma whether there is oil in Macedonia would be solved just with experimental drilling because the documentation dating from the 1970s when attempts were made to explore oil sources and reserves was not sufficient.
The issue of Macedonia’s oil wells was raised three years ago when the British-Canadian consortium Bankers Petroleum launched serious negotiations with the Government regarding search for oil in Macedonia. No agreement was reached and the state launched its own initiative in order to look into the claims that it may own oil reserves.