Welcome to Sri Lanka Mannar Basin Bid Round 2007
Sri Lanka Minister's Statement
The Sri Lanka Mannar Basin Bid Round 2007 formally closed at 12:00 on 31st January 2008. Bids are currently being evaluated with awards expected to be announced by the end of April 2008.
For further information on subsequent license rounds in the Mannar Basin and Cauvery Basin, please contact Dr Neil DeSilva, Director General, Petroleum Resources and Development Secretariat, Tel: 94 11 256 4352, Fax: 94 11 237 5672, Email: ndesilva@rogers.com.
Press anouncements were made on 05/02/08 by the Sri Lankan Ministry, please select below, if you wish to view them:
www.oilandgasinsight.com
www.jasminenews.com
www.colombopage.com
Hon. A. H. M. Fowzie
Minister of Petroleum & Petroleum Resources Development
What is being offered?
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Feb 02, Colombo: Three foreign petroleum firms had offered bids for oil exploration in Sri Lanka's northwestern coast, the Petroleum Ministry said.
Block 1 which is 3,338.10 square kilometers in size had attracted bids from all three bidders: ONGC Videsh, Cairn India, and Niko Resources of Cyprus.
Block 2 is of 3,572.08 square kilometers and attracted bids from both Cairn India and Niko Resources while Block 3, the largest being 4,126.51 sq. km in size, had only Niko's sole bid.
The Ministry said the government will take about three or four months to evaluate the bids.