Montenegro Awards 30-year Oil Concessions to Eni, Novatek
The Montenegrin government awarded 30-year concessions for oil and gas exploration in the Adriatic sea to Italy's Eni and Russian No. 2 gas firm Novatek (NVTK.ME) consortia, an economy ministry's spokeswoman said on Thursday.
The concessions for four blocks have been awarded in line with the terms of a 2014 tender, pending parliamentary approval, she said.
(Reporting by Aleksandar Vasovic)
