http://www.english.hadhramaut.info 5th int'l tender for oil offshore, land blocks to be announced in 2010 [The Source: sabanews.net - 11/09/2009] Yemen is to announce the fifth international tender for oil offshore and land blocks in 2010, Oil and Minerals Minster Amir al-Aydarus has said. Al-Aydarus told the state-run 26sep.net that the tender will be announced during a conference the Ministry planed to be held on the beginning of 2010. The conference aims to promote oil and gas investment opportunities in the country to international companies that would be invited to the conference.It is worth to mention that the government signed last Wednesday a memo of understanding with GasCities, a joint venture between Dana Gas and Crescent Petroleum, to possibly develop a 'gas city' in the country.The project includes industrial complexes for different gas-based industries among them petrochemicals industry, gas-power plant and water desalination as well as the other projects.The project's study is expected to be finished by 2010. The project's cost is estimated to be $15 – 20 billion. The project will provide 15,000 direct jobs opportunities and about 70,000 indirect ones. .