Montenegro: Eni-Novatek adjudicated off-shore exploration rights
Eni-Novatek, the Italian-Russian consortium, has been adjudicated the off-shore hydrocarbon exploration and exploitation rights in four blocks in the proximity of the Montenegro-Albania border. The decision was taken by Montenegro’s government, which specified that the concession will have a duration of thirty years. For the concession to become operational, it will have to be approved […]
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