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Malaysia Won to Explore Ethiopia Gas Fields

The Malaysian oil firm Petronas has won the tender to explore two Ethiopia's gas fields

Malaysia Won to Explore Ethiopia Gas Fields

The Malaysian oil firm Petronas has won the tender to explore two Ethiopia's gas fields, Calub and Hilalait.

After evaluating the proposal presented by Petronas, the Ministry of Mines and Energy selected it, said a government official, who declined to be named.

The official said the ministry and Petronas will sign a development agreement to enable the firm to develop the gasfields that lie on 285 sq km of land. The gas reserve was discovered in 1972 by an American oil company, Tennaco. There are eight gas production wells in Calub.

Petronas, Gail India Ltd and Dinder of Sudan participated in the tender put up by the ministry. Last March, the ministry invited companies to present expressions of interest on developing the natural gas reserve in the Ogaden basin, found in Calub and Hilala areas, some 1,200 southeast of Addis Ababa.

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