Guatemalan government puts oil exploration area to tender
The Minister of Energy and Mining is awaiting the publication of the governmental agreement allowing it to put oil exploration area, A-6 2005, to emergency tender.
Friday, January 16, 2009
Elperiodico.com.gt reports on its website that "Carlos Meany, Minister of Energy and Mining, said that they have already completed the steps for carrying out a tender, and that they only now have to publish the governmental agreement that was approved by President Alvaro Colom and his cabinet.
The current exploitation contract with Perenco Guatemala will be extended for a maximum of 9 months, while the new tender is prepared.
By the end of the month, the bidding dates for 12 new oil concessions should be known, when the corresponding governmental agreements are published.
Three areas with oil production potential will be put out to tender on January 2010, out of a total twelve.
Upon the success of the operating contract by the business Perenco, the Department of Energy and Mines reported that the public noticing process has been opened.
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