Arab Today, arab today omv to invest 680m in tunisian gas field
Last Updated : GMT 13:27:38
Arab Today, arab today
Arab Today, arab today

OMV to invest $680m in Tunisian gas field

Arab Today, arab today

Arab Today, arab today OMV to invest $680m in Tunisian gas field

Gas field in Tunisia
Vienna - XINHUA

 Austrian oil and gas giant OMV AG will invest over 680 million U.S. dollars in the development of Tunisia's Nawara gas field in a joint project with Tunisian state-owned company ETAP.
OMV said in a press release Friday all necessary government approval had been granted, and it expected gas production to begin in early 2016 with peak production to reach up to 10,000 barrels of oil equivalent per day.
It also marks the merging of the previous South Tunisian Gas Pipeline project into the new Nawara project.
OMV said the final investment decision on the project was made in March, and it expects to play a substantial role in the growth strategy of Tunisia, particularly in unlocking the gas resources in the south of the country.
The largest-listed Austrian industrial company also stated it currently has five exploration permits and nine production licenses onshore and offshore Tunisia.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today omv to invest 680m in tunisian gas field Arab Today, arab today omv to invest 680m in tunisian gas field

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today omv to invest 680m in tunisian gas field Arab Today, arab today omv to invest 680m in tunisian gas field

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
Arab Today, arab today Sally Shaheen considers hosting a political show
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday