WESTERN Sahara will conduct its second licensing round in Houston early next year, writes Barry Morgan.
25 October 2007
The bidding exercise to be launched in Houston offering production-sharing contracts for three onshore and six offshore licences, totalling 192,569 square kilometres was announced by the Saharawi Arab Democratic Republic (SADR) Petroleum Authority in the capital Bir Lahlou.
Kamal Fadel, a representative of the authority said: "All contracts preceded by an assurance agreement [are]valid for up to 10 years or until certain conditions have been met."
The first round was held in 2005 when eight licences were awarded to nine companies, currently evaluating the blocks.
The government of the SADR, currently exiled in Algeria , has been in conflict with Morocco for several decades over Western Sahara .
Morocco is encouraging companies to resume the search for hydrocarbons. However, the United Nations has warned against full-scale exploration programmes until the issue of sovereignty is resolved.
For a little while, ENGIE had published on its website hints about who it had actually "consulted" when doing business in occupied Western Sahara.
The German building materials giant sides with Morocco in the Western Sahara conflict, avoiding any questions on its own legal obligations in the occupied territory.
The French company Alcatel Submarine Networks SpA, partially owned by Nokia, has laid telecom cables in occupied Western Sahara.
India and New Zealand stand out as the main importers of phosphate rock from occupied Western Sahara, in WSRW’s newest annual report on the controversial trade.