| Ethiopia has shortlisted seven out of the nineteen foreign companies, which submitted expression of interest on gas fields development, it was learned on Saturday.
Officials of the Ministry of Mines and Energy, who declined to be named, said the shortlisted companies, whose names the ministry refused to disclose, would submit their technical and financial proposals by June 11.
The officials said the bid committee will evaluate the proposals and award the gas fields to the winner in the same month.
The ministry will grant a petroleum development license that will enable the selected company to develop the gas fields.
The company is expected to build a gas refinery plant and construct gas pipelines required to exploit the natural gas reserves.
In its bid to privatize the Calub and Hilala gas fields in the Ogaden basin in east Ethiopia's Somali state, the ministry had invited petroleum companies to present expression of interest until March 30. Following the announcement, 19 international companies, including one Chinese firm, submitted letters of interest to develop the gas fields.
A committee established and chaired by Alemayehu Tegenu, minister of mines and energy, evaluated the profiles of the companies for two weeks. The committee evaluated the technical and financial capacity of the 19 companies as well as their previous experience in petroleum development projects.
The gas reserve in Calub, 1200 km east of Addis Ababa, is estimated at 2.7 trillion cubic feet and the reserve in Hilala, a locality found 75 km east of Calub, is estimated at 1.7 trillion cubic feet. The total area of the two gas fields is 285 square km of land.
Source: Xinhua
|
Somali Links
Reuters
OGADEN: Ethiopia shortlists seven firms for gas fields development
Dadkaaga oo aad leysaa darajo laguma gaadho Abdi Illeyow. Qore Nuur Gacamey 
Xabashida Oo Ka Qeyb Gashay Qaybsigii Afrika by Haldhaa. Qore Mohamed-Deeq Abdimadar �Haldhaa� 
BAYDHABO WAA LA XOREYNI. Qore: A. M. Yusuf 
In Memory of the Dervishes of Somaliya. By Arte Moallin III 
Hangaraarac luug uma dhutiyo. Qore Nuur Gacamey 
Sideeynta Ciid Daahir Faarax iyo xabsi kusii haynta Mahadi Ayuub maxay kuumujineysaa.? Qore Nuur Gacamey
Sheekh Xasan Turki oo Laad Yar ku Salaxay Barre Hiiraale. Qore Cabdi Miriq 