Petroleum / Mining in Tajikistan
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TAJIKISTAN , 2015/10/14
Oil and gas exploration and production company Tethys Petroleum Limited may withdraw from developing the large Bokhtar gas field in Tajikistan due to missing payments for its share of costs.
Recently, the Tethys Company announced that it has not made payment for the September Cash Call in an all of over $1.28 million and an all of approximately $0.78 million for October 2015.
Therefore, the Company has received a notice from the joint venture partners Total E&P Tajikistan B.V and China National Petroleum Corporation Central Asia B.V. to withdraw from the Bokhtar exploration project in Tajikistan.
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TAJIKISTAN , 2013/03/23
Last summer, a small international prospector operating in the poorest of former Soviet republics released some sensational news: Tajikistan, it announced, is sitting on enough oil and gas to make everyone rich.
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TAJIKISTAN , 2012/12/31
Tethys Petroleum Limited announced that its subsidiary, Kulob Petroleum Limited, has signed a farm-out agreement (FOA) for the Bokhtar Production Sharing Arrangement (PSC) in Tajikistan with subsidiaries of Total S.A. (Total) and the China National Oil and Gas Exploration and Development Corporation (CNODC).
