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Reuters

Ogaden Region: GAIL to explore gas in Ethiopia

MUMBAI: GAIL India Ltd has announced that it has been shortlisted by Ministry of Mines and Energy, Government of Ethiopia to participate in the bidding process for exploration and development of Calub and Hilala gas field in Ogaden onland basin in Ethiop ia.

The company had responded to the notice published by Ministry of Mines and Energy, Government of Ethiopia in March 2006, for the development of two gas condensate fields, which are estimated to contain about 4 TCF of gas.

The company had submitted its expression of interest together with Gujarat State Petroleum Corporation Ltd (GSPC).

As per the communication of pre-qualification received from the Ministry of Mines and Energy, Government of Ethiopia, the bids are due for submission by June 10, 2006. The two gas fields on offer are remotely located and therefore, commercial exploitatio n of gas reserves would need setting up of gas processing facilities and a long distance gas pipeline to reach the potential markets.

Source: Hindubusinessline