Exxon Bids for Oil/Gas Exploration in Afghanistan image

Exxon Mobil Corp plans to take part in an oil and gas tender of six blocks in northern Afghanistan.

Since the governments imposed stricter control of their countries’ resources in the past years, access to the world’s oil reserves for companies like Exxon has become tougher. There is still hope in countries such as Afghanistan or Iraq, which need foreign oil companies’ budgets and expertise.

“Esso Exploration International Ltd’s expression of interest in the Afghan-Tajik Basin tender is part of our ongoing evaluation of oil and gas resources around the world,” Alan Jeffers, a spokesman for Exxon, said.

The Afghanistan government looks for bidders to explore, develop and produce oil and gas in six blocks in the western area of the Afghan-Tajik Basin of northern Afghanistan. The deadline for bids is late October and winners will be announced in late 2012.

In 2011 Afghanistan and China National Petroleum Corp signed an agreement for the development of oil blocks in the Amu Darya basin in the north. This project is expected to bring Afghanistan billions of dollars in the following twenty years. This deal is Afghanistan’s first international oil production agreement for several decades.