Bids opened for Mannar Basin blocks
Three companies have submitted six bids for three oil exploration
blocks in the Mannar Basin, Petroleum Resources Minister A.H.M. Fowzie
said yesterday. The bidders are Cairn India Ltd, ONGC Videsh (India) Ltd
and Niko Resources (Cyprus) Ltd.
All the information pertaining to these bids will be reported to the
President and the Cabinet, Minister Fowzie said. The evaluation will be
finalised within three months.
“When we celebrate the 60th anniversary of Independence of our
country, this historic event which will definitely determine the fate of
our Nation. I am hopeful that our Government will definitely bring the
prosperity to our country through our own oil resources,” the Minister
said.
He expressed his gratitude to the President for his guidance,
commitment and support given in this process.
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