Government of Nepal, Petroleum Exploration Promotion Project /Department of Mines & Geology (PEPP/DMG) hereby invites bids for Petroleum Exploration in the following Exploration Blocks located in southern part of Nepal. National and international investor companies desirous of undertaking Petroleum Operations in Nepal can participate in the bidding according to the Nepal Petroleum Act, 2040 (1983), Petroleum Regulation, 2041 (1985) and Income Tax Act, 2058 (2002) (as amended).

a. Opening of Invitation for bids: January 4, 2012.
b. Closing of bids: March 3, 2012. If the closing day happens to be holiday the submission shall be done on subsequent working day.
c. The location and size of the offered exploration blocks are as follows:
Block No. 8 (Janakpur) 4,941 sq. km.
Block N0.9 (Rajbiraj) 4,854 sq. km.
Block No. 10 (Biratnagar) 4,969 sq. km.
d. A form of bid, along with relevant supporting document, for each exploration block (s) should be submitted in duplicate in a sealed envelope addressed to the Petroleum Exploration Promotion Project /Department of Mines & Geology, Government of Nepal, Lainchour, Kathmandu, Nepal. Attn: Project Chief, on or before March 3, 2012. (Before 5 pm). The sealed envelope should prominently be marked "Bid for Exploration Block due March 3, 2012.
e. A Petroleum Agreement may be signed covering more than one Exploration Block. Normally, a bidder shall not be granted more than two Exploration Blocks.
f. Bids for seismic option with no obligation for drilling for the Initial Exploration Period will be considered.
g. The bidding documents / information will be made available from PEPP/DMG, Lainchour, Kathmandu, Nepal. Each bidder must purchase General Report "A" on payment of US$ 5,000.00 before submitting their bids. Different Data Sales Packages A through U will be made available upon payment of fixed price. Purchase of the Report will also entitle the buyer for visit to the Kathmandu Data Centre at the PEPP office.
h. The application /bidding fee will be US$1000.00 (US Dollar One thousands only) for each exploration block applied for and shall be paid by bank cheque payable to Petroleum Exploration Promotion Project. The fee shall be paid at the time of submitting of each bid, and shall be non-refundable.
i. Applicants do not need to register in Nepal nor appoint an agent in Nepal as a condition to submitting a bid.
For further information, inquiries should be sent to:

Project Chief
Petroleum Exploration Promotion Project
Department of Mines & Geology
Lainchour, Kathmandu, Nepal.
Tel. : (977-1) 4413541
Fax : (977-1) 4411783
E-mail :pepp@wlink.com.np
Website :www.petroleumnepal.com.np