Shell Exploration and Production (96) B.V, a subsidiary of Shell, will explore for oil and natural gas in Block 1-26 Khan Tervel, located in Bulgaria's exclusive economic zone in the Black Sea, announced Bulgaria's caretaker Minister of Energy Vladimir Malinov after the decision was adopted at today's meeting of the Council of Ministers.

The Ministry of Energy recalls that the procedure for granting a permit for oil and gas exploration in the Black Sea began on June 18, 2024, with the publication of the documentation in the Official Journal of the European Union.