TransAtlantic Petroleum (TAT +1.2%) wins a 35-year permit to drill and develop natural gas in...


TransAtlantic Petroleum (TAT +1.2%) wins a 35-year permit to drill and develop natural gas in Bulgaria, beginning production in H2 of next year and covering 10% of the country’s demand. Bulgaria's state-owned gas distributor signs an agreement with TAT to buy 80% of its output at prices 35% lower than it pays Russia’s Gazprom.

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