Nepal Government has terminated the existing petroleum agreement with oil companies in Nepal. The Petroleum Exploration Promotion Project…view more
Geologically, Nepal is broadly divided into five major tectonic zones. These zones include Terai, Siwalik, Lesser Himalaya, Higher Himalaya and Trans-Himalayan zones from south to north respectively. read more
The location, number, name and area of all the exploration acreages. Blocks no. 3 and 5 are awarded to Texana Resources Company, Houston, USA. read more
The principal play recognized in southern Nepal lies in the Surkhet Group with indigenous source, reservoir, and seal, and with a wide variety of potential trap types. read more
Land locked Asian nation in the Himalaya mountain range, with India to the east, west and south and the People's Republic of China (Tibet) to the north. read more
Schematic cross Section through central Nepal read more
PETROLEUM EXPLORATION OPPORTUNITIES IN NEPAL
|Exploration Acreage:||Total 10 exploration blocks, each approximately 5000 sq. km in size|
|Basin Type :||Northern part of Ganga basin|
|Sub basins :||Northern parts of Sarda, Gandak, and Purnea sub basins|
|Basin Area :||Approximately 50,000 sq. km. (southern Nepal only)|
|Airborne Magnetic Survey 48,000 sq. km.
Photogeological Study 60,000 sq. km.
Seismic survey 5,253 line km.
Gravity Survey : 23,500 sq. km
Well data : 3520 m , Block-10 (Biratnagar)
|Data Center:||Kathmandu Data Center|
|Data Package:||A to U|
|Procedure:||Companies should purchase the General Report (Data package A), valued at US $ 5,000. Purchase of General Report is a pre-requisite for companies wishing to visit the Kathmandu Data Center, to purchase other data, or to submit a formal bid for exploratory lands.|
|Contract:||Production Sharing Contract|
|Bid Announcement:||Contact Petroleum Exploration Promotion Project|
|Contact Person:||Project Chief
Petroleum Exploration Promotion Project
Department of Mines & Geology
Lainchour, Kathmandu, NEPAL
Fax : 977-1-4411783
E-mail : email@example.com
Tel. : 977-1-4410605, 4413541, 4419074
Nepal is a sovereign Himalayan country located between China and India occupying an area of 147,181 Sq. km. It is a Land Locked country inhabited by a population of 26,494,504 according to 2011 census. Kathmandu is the national capital and largest metropolis.
Systematic Petroleum exploration activities began only in 1979. The Department of Mines and Geology (DMG) has conducted Airborne Magnetic Survey in 1978-79 over the Terai and Siwalik belts of the country covering an area of 48,000 sq. km. with the help of IDA/World Bank (Figure 4). The survey has shown encouraging results. Government of Nepal has then established a separate unit "Petroleum Exploration Promotion Project" in 1982 to promote and monitor the exploration works in the country.
The international private investor will search free market economy supported by the legislation enacted for the new Industrial and Foreign Investment Policy, which also guarantees that no industry shall be nationalized. Furthermore it has promoted the concept of "one window shopping" which is now in place within the PEPP/DMG to deal with all matters relating to petroleum exploration and production activities in Nepal.
Responsibilities for Petroleum Agreement
Petroleum related activities fall under the administration of the Petroleum Exploration Promotion Project/Department of Mines and Geology (PEPP/DMG). The Project Chief of the PEPP is the primary contact for all petroleum matters. Under delegation from the Ministry of Industry, the PEPP/DMG, together with an appointed team of experts, the responsible authority will be empowered to undertake necessary arrangements for negotiation with petroleum companies regarding petroleum agreements. In addition the Project will monitor ongoing exploration and production activities and provide assistance in all operational matters. A Petroleum Advisory Board, composed of senior officials of most ministries has given broad powers and responsibilities for all petroleum related activities.
Tel : 977 (1) 4410605,
977 (1) 4413541
Fax : 977 (1) 4411783
Email : firstname.lastname@example.org