IMI: THIRD MAJOR OIL BID IN YEMEN

UNCLAS SANAA 002481 SIPDIS RIYADH - PASS TO FCS NANCY CHARLES-PARKER. JEDDAH - PASS TO FCS AND ATO. USDOC - PASS TO YEMEN DESK OFFICER TYLER HOFFMAN. E.O. 12958: N/A TAGS: ECON YM ECON COM ENERGY SUBJECT: IMI: THIRD MAJOR OIL BID IN YEMEN ¶1. The Ministry of Oil and Minerals of the Republic of Yemen is inviting international oil companies to bid for the exploration and production opportunities on 14 open oil blocks. ¶2. The contract model to be used is a Production Sharing Agreement (PSA). ¶3. All interested oil companies must submit, with their request for the exploration and production in any of the 14 blocks, the following documents: ¶A. Company profile ¶B. Technical and financial reports for the last two years ¶C. Latest audit report ¶4. For further information about the blocks, please click on http://www.pepa.com.ye/thirdbid.htm ¶5. The deadline for submitting applications is January 04, ¶2006. ¶6. Interested eligible bidders may obtain further information by contacting: Dr. Rasheed Baraba,a Minister of Oil and Minerals P.O. Box 7196, Sanaa The Republic of Yemen Tel: 00967-4-442630 or 444741 or 444473 Fax: 00967-1-442632 or 444742 E-mail: pepa-expo.com@y.net.ye Krajeski