16 May 2007 - 14:21
  • News Code: 104845

TEHRAN -- National Iranian Oil Company (NIOC) deputy director for exploration affairs said 18 countries had expressed readiness to bid for Iran’s 17 blocks tenders and 72 information packages had been purchased.

The bidders were international oil giants, said Hossein Roshandel adding some Asian, European, and Canadian companies had purchased the tender documents.

French gas company Gaz de France had also voiced its willingness to bid for the blocks’ gas projects.

The minimum required price for exploratory operations was 450 million euros which could mount to higher values following the outcome of exploratory operations, said the official.

Of the blocks, five are offshore and 12 onshore, spreading across nine provinces in a 129,000 km area.

Qouchan, Naftshahr, Ilam, Danan, Fassa, Bandar Abbas, Razi, Maraveh, Tappeh, Moghan 1 and 2, Kavir, Alvand, Ferdowsi, Laleh, Taban, and Deir constitute the 17 blocks.

Companies may purchase tender documents at varying prices, but the maximum price is €38 thousand, he said.

Iran expects to attract €46 million for the blocks, Roshandel added.

IranVienna.introduced 17 oil blocks for exploration and development during a February meeting in the Austrian capital Vienna.

U.S.pressures to persuade foreign oil companies not to invest in Iran have been ineffective.



News Code 104845

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