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Eng:Ahmed Mukhtar
Xiisadda xuduudka Eritrea iyo Ethiopia
by:Ahmed_Nuur Sheekh Abdullahi

Chinese oil firm to conduct seismic survey


19/05/06, Chinese oil firm Zhongyuan Petroleum Exploration Bureau (ZPEB) is to start seismic surveys in east Ethiopia's Ogaden basin next month. ZPEB and Malaysian oil giant Petronas have agreed on the details of the petroleum exploration project which is to be launched in the Ogaden basin next month.

ZPEB is contracted by Petronas, which was awarded blocks in the Fer Fer, Warder and Genale regions of the Ogaden basin. The total area covers about 93,000 sq km.

ZPEB has been active in Ethiopia for some years. In 1998 it was contracted by the Ethiopian government to make eight gas wells in Calub ready for production.

Geological data suggests that Ogaden and four other sedimentary basins in Ethiopia are endowed with oil and natural gas. In March the Ministry of Mines and Energy invited bidders to submit letters of interest in development of the Hilal and Calub gas fields in Ogaden.

The reserve in Calub, 1200km east of Addis Ababa is estimated at 2.7 trillion cubic feet, while the reserve in Hilala, 75km east of Calub, is estimated at 1.7 trillion cubic feet, which amount to a combined total area of 285 square km. Interest was expressed by countries in the Middle East, China, Russia and India.


Source: Source: bbc
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