...

Turkish TPAO joins oil tender shortlist in Afghanistan

Oil&Gas Materials 13 November 2012 16:10 (UTC +04:00)

Azerbaijan, Baku, Nov. 13 / Trend A. Taghiyeva /

The Turkish TPAO has reached the tender finals to develop oil blocks in Afghanistan, the Star newspaper reported today.

Besides TPAO, eight international companies including Exxon Mobile, Dubai Dragon Oil and Kuwait Kuwait Energy are involved in tender.

According to the tender, three companies will receive a certificate for the development of oil blocks with reserves of 1 billion barrels.

The agreement with the winner of the tender will be signed in March 2013.

According to the newspaper, the Ministry of Energy and Natural Resources said that if TPAO wins the tender, the company will develop two blocks. One of them is the oil block Mezari Sherif, in which TPAO will be the operator with a 35 percent stake and other - Sandykly block.

Tags:
Latest

Latest