The Ethiopian Ministry for Petroleum & Natural Gas is promoting the countryâs open acreage which is available to companies for direct negotiations. The Ministry offers 23 blocks as follows:          Ethiopia blocks on   offer             Block Name         Block Sqkm         Main Political Province         Basin Names             Gambela         157075.86         Binshangul Gumuz         Amhara Massif~Abbay   (Blue Nile) Basin             North West         82516.38         Amara         Mekele Basin~Amhara   Massif~Northeast African Fold Belt             Afar Area         62997.88         Afar         Afar Basin~Red Sea   Basin~Mekele Basin~Ogaden Sub-basin (Somali Basin)~Northeast African Fold Belt             Rift Valley Block         43054.83         Ye Debub Biheroch          Afar Basin~Amhara   Massif             Omo         30598.73         Ye Debub Biheroch          Amhara Massif~South   Omo Graben (EARS, East Branch)~Chew Bahir Graben (EARS, East Branch)             Metema         29827.79         Binshangul Gumuz         Mekele Basin~Northeast   African Fold Belt~Amhara Massif             Afar         24589.42         Afar         Afar Basin~Mekele   Basin~Red Sea Basin~Northeast African Fold Belt             Block 05         18299.34         Oromiya         Ogaden Sub-basin   (Somali Basin)             Block 07         12254.06         Sumale         Ogaden Sub-basin   (Somali Basin)~Mandera-Lugh Sub-basin (Somali Basin)             Block 02         12232.2         Oromiya         Ogaden Sub-basin   (Somali Basin)~Mandera-Lugh Sub-basin (Somali Basin)             Block 06         12232.2         Oromiya         Ogaden Sub-basin   (Somali Basin)             Block 18         12232.19         Sumale         Ogaden Sub-basin   (Somali Basin)             Block 01         12206.7         Oromiya         Ogaden Sub-basin   (Somali Basin)             Block AB8         12135.44         Amara         Abbay (Blue Nile)   Basin~Amhara Massif             Block AB9         12128.45         Amara         Abbay (Blue Nile)   Basin~Amhara Massif             Block AB5         12108.5         Amara         Amhara Massif~Abbay   (Blue Nile) Basin             Block AB6         12108.5         Amara         Amhara Massif~Abbay   (Blue Nile) Basin             Block AB3         12068.51         Amara         Amhara Massif             Block AB2         12068.5         Amara         Amhara Massif             Block 19         6467.74         Sumale         Ogaden Sub-basin   (Somali Basin)             Block 21         6094.66         Sumale         Mudugh Sub-basin   (Somali Basin)~Ogaden Sub-basin (Somali Basin)             Area 4         3679.4         Ye Debub Biheroch          Amhara Massif~East   African Rift System, Eastern Branch             Source: IHS Markit         Â©   2019 IHS Markit              Â   Following Africa Oil relinquishment of the Rift Valley block in August 2019, the block is now available for negotiations. According to the Ministry, Block AB1, Block AB4, Block AB7, Adigala and Block 10 were under discussions as of early November 2019.  Petroleum contracts are in the form of Model Production Sharing Agreement of 1994 between the government of Ethiopia, represented by the Minister of Mines and Energy, and a contractor. The contracts have an initial exploration term of four years and an optional two-year term, with two possible further exploration periods of two years (4+2+2). The development and production period is of 25 years. The minimum exploration and expenditure obligations are negotiable. The signature and production bonuses are also negotiable. The income tax is 30%.  For further details, interested companies are invited to contact:   Mr. Ketsela Tadesse  Director â Petroleum Licencing & Administrative Dictatorate  Ministry of Mines, Petroleum & Natural Gas  486 Addis Ababa, Ethiopia  Phone: + 251 11 646 12 09  Fax: + 251 11 646 34 39  Ktadesse22@gmail.com
The Ethiopian Ministry for Petroleum & Natural Gas is promoting the countryâs open acreage which is available to companies for direct negotiations. Ethiopian Government offers 23 + 5 open blocks