Development Ministry seeks tenders for hydrocarbon exploration

Competition

Concession tenders have been published for exploration and production of hydrocarbon fuels – as well as projects to produce and increase utilization of geothermal energy, the National Development Ministry (NFM) told news service MTI today.

Applications must be submitted on September 30 for concessions of hydrocarbon exploration and October 1 for production and increased utilization of geothermal energy, the ministry said. The evaluation of submissions is scheduled to be finished 90 days after the deadline of the submissions.

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