FRANCE: Gaz de France buys Iran hydrocarbon blocks tender documents

Gaz de France purchased the documents of four hydrocarbon blocks gone out to tender for exploration and development, announced the representative of Tehran-based office of the French company Wednesday.

Mohammadreza Odabaii told PIN the giant company was keen to help Iran produce and refine gas of those fields it had involved in their exploration operations.

He revealed that Gaz de France was thinking of meeting its European clients’ need by purchasing Iranian gas.

Odabaii added the French company would participate in those Iranian projects that would lead to exports of gas or production of liquefied natural gas (LNG).

Gaz de France is seeking to make investments in Iran LNG project’s upstream and downstream sectors by 14 and 7 percent respectively.

To this end, the French giant is holding negotiations with the National Iranian Gas Export Company (NIGEC).

Iran extended the deadline for purchasing the documents and information packages of 17 exploration blocks’ tender for 40 days.

The interested companies may purchase the documents by July 21 and offer their technical and financial proposals to the National Iranian Oil Company’s (NIOC) Exploration Dept. by August 1.

The NIOC extended the deadline upon the request of domestic and foreign companies that purchased the documents late and did not have enough time to submit their technical and financial plans.

According to the previous deadline, the companies were to purchase the tender documents by June 10 and offer their technical and financial proposals by June 20.

Of the blocks, five are offshore and 12 onshore, spreading across nine provinces in a 129,000km area. Quchan, Naftshahr, Ilam, Danan, Fassa, Bandar Abbas, Razi, Maraveh, Tappeh, Moghan 1 and 2, Kavir, Alvand, Ferdowsi, Laleh, Taban, and Deir constitute the 17 blocks.

Companies may purchase tender documents at varying prices, but the maximum price is €38 thousand.

Iran introduced 17 oil blocks for exploration and development during a February meeting in the Austrian capital Vienna.

U.S. pressures to persuade foreign oil companies not to invest in Iran have been ineffective.

Teheran Times