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Sarajevo Times > Blog > BUSINESS > Continuation of oil analyses in Bosnia
BUSINESS

Continuation of oil analyses in Bosnia

Published January 3, 2013
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One of the world’s largest oil company “Shell” has been analysing areas of BiH in hope to find.

This company has signed a memorandum with the Government of FBiH which states that the analyses will last for another year.

Although the company is cautious of informing the public about the results of the research, there is optimism among all who are involved in this project, since the analysis will be continued and ”Shell” is interested in BiH market.

Sampling is planned, followed by a final decision of the company on whether to begin exploratory drilling.

Department of Geology of FBiH has organised a seminar on the occasion of analyses at the Faculty of Mining in Tuzla in cooperation with the ”Shell” team, and they also presented data that support the claim of the existence of oil in BiH.

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