Zambia meluncurkan serangkaian lisensi minyak pertamanya untuk 23 blok di barat laut, barat dan provinsi bagian timur negara tersebut.

Penulis : Uchenna Izundu

According to Reuters, Zambia invited bids from oil companies with a closing date of Aug. 7 when they will be opened publicly.

Godwin Beene, permanent secretary for the ministry of mines and minerals development, said winning operators will need to show they have the cash, assets, technical expertise, and equipment to do exploration and production. Winners will be required to pay a nonrefundable $10,000 bidding fee.

There are oil traces in areas bordering Angola, according to the Zambian authorities.

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