Posted: 01 Jul 2012 09:08 AM PDT
ExxonMobil confirms that it has filed to bid on a group of Afghanistan
oilfields containing an estimated 1 billion barrels of oil and gas. The
tender deadline was yesterday to file an expression of interest. Company
spokesman Alan Jeffers told me that the filing is among Exxon's global
search for new hydrocarbon opportunities. The Exxon filing is surprising
because until now the Afghan natural resource play, while rich, has
been perceived as highly speculative and risky. By filing an expression
of interest, Exxon at once validates the play.
Michele Kearney's Nuclear Wire - Major Energy and Environmental News and Commentary affecting the Nuclear Industry. Nuclear Activities
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