Qatar Said to Call for Bids in January to Explore for Offshore Natural Gas

Qatar Petroleum, the state-run energy company in the country with the world’s third-largest gas reserves, is calling for bids for offshore exploration to be submitted early in 2011, people familiar with the auction said.
Bids for rights to explore for gas off the coast of the Persian Gulf state in an area called block A are due on Jan. 9, said two of the people, who declined to be identified by name because they weren’t authorized to speak on the matter. Offers are due in early January, a third person with knowledge of the bidding procedure said.
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Source: Bloomberg