Belarus to Open Tenders for Oil Shale Projects

Belarus will announce open international tenders for selection of investors for the development of resources, including Turov and Luban oil shale fields.

According to Ministry of Natural Resources and Environmental Protection spokesperson Yelena Peniaz, the tenders will be based on the principle of transparency and compliance with international standards. The projects will be implemented on a tight schedule.

The government plans start tenders in March, with plans to sign necessary agreements by the end of 2011.