Bosnian Oil Exploration the Malaysian Company Interested
Representatives of a Malaysian company said Tuesday in Sarajevo they would be interested in exploring several potential oilfields in Bosnia-Herzegovina, the government of Bosnia’s Muslim-Croat Federation entity confirmed.
Officials of the Tara-Drina Company, led by the company’s president, Malaysian businessman Joseph Vijay Kumar, met Tuesday in Sarajevo with the entity’s Prime Minister Nedzad Brankovic to express their interest.
The government statement quoted Brankovic as saying that Bosnian company Energoinvest was already given authority over the possible oilfields, but that they would need a partner, as Energoinvest was unable to deal with the issue on its own. Read more