Arab Today, arab today tunisia begins drilling operation on oil field near algeria
Last Updated : GMT 04:13:36
Arab Today, arab today
Arab Today, arab today

Petroleum sector losing $3m every day

Tunisia begins drilling operation on oil field near Algeria

Arab Today, arab today

Arab Today, arab today Tunisia begins drilling operation on oil field near Algeria

Oil field is capable of producing 100,000 barrels-per-day (bpd)
Tunis – Azhar Jarboui

Oil field is capable of producing 100,000 barrels-per-day (bpd) Tunis – Azhar Jarboui Tunisia has launched an oil drilling operation near the Algerian border after it discovered an oil field capable of producing 100,000 barrels-per-day (bpd) .
Economic experts see the discovery as a lifeline in Tunisia\'s bid to solve its ?energy crisis, a day after figures revealed that the petroleum sector is losing around five million dinars ($3m) every day, and a 30-year agreement for the ?transportation of gas from Algeria through to Tunisia expired.?
Based on the initial estimates, the field\'s ?productive capacity is likely to ?bring billions to Tunisia\'s foreign currency reserves, in addition to providing thousands of jobs for the ?Tunisian youth and enabling those living in impoverished border areas to benefit.?
Last week, the Administrative Reform and anti-Corruption Committee in Tunisia\'s National Constituent Assembly (NCA) confirmed that the country\'s oil sector was losing five ?million dinars every day, primarily through corruption.
The Committee also identified the state\'s failure to deal with the energy balance in Tunisia. After the January 2011 uprising, the contract between Tunisia and Algeria which allowed Tunisia to have free gas from Algeria because Algerian gas was crossing Tunisia into Italy, came to an end. There was a 36 percent decline in Tunisia\'s gas supply in the six months following the end of the contract, with experts claiming that Tunisia had underestimated Algeria\'s support.
Although the Ministry of Industry denied approving any increase in the electricity consumption tariff,  it predicted an increase in demand of electricity by seven percent annually till the year 2020.?
It is believed that Algeria doesn\'t want to renew its free gas contact with Tunisia, with Algeria authorities likely to demand a financial contribution based on the number of orders it receives from Italy.
Tunisia\'s ruling Ennahda Movement has been criticised for failing to cooperate with Algeria. Political observers have accused the government of being involved in useless political debates and ignoring key national issues, such as the country\'s flailing economy which has become dependant ?on foreign grants and loans.

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 tunisia begins drilling operation on oil field near algeria Arab Today, arab today tunisia begins drilling operation on oil field near algeria

 



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 tunisia begins drilling operation on oil field near algeria Arab Today, arab today tunisia begins drilling operation on oil field near algeria

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today US travel restrictions are still 'Muslim ban'

GMT 00:54 2017 Tuesday ,26 September

US travel restrictions are still 'Muslim ban'
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israel builds settlements 'at high rate'

GMT 01:04 2017 Tuesday ,26 September

Israel builds settlements 'at high rate'
Arab Today, arab today North Korea 'more opaque'

GMT 10:50 2017 Sunday ,24 September

North Korea 'more opaque'
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Personality study finds fish have hidden depths

GMT 00:43 2017 Tuesday ,26 September

Personality study finds fish have hidden depths
Arab Today, arab today 'Lady Beast' fights for girl gamers

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers
Arab Today, arab today Botanical gardens a lifeboat

GMT 02:50 2017 Tuesday ,26 September

Botanical gardens a lifeboat
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Chevrolet's first 9-speed auto debuts

GMT 18:58 2017 Monday ,25 September

Chevrolet's first 9-speed auto debuts
Arab Today, arab today Third generation adds more power

GMT 13:40 2017 Sunday ,24 September

Third generation adds more power
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Conditions growing dire    

GMT 09:22 2017 Monday ,25 September

Conditions growing dire    

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 12:02 2017 Sunday ,24 September

Harry visits mental health hospital

GMT 12:09 2017 Sunday ,24 September

Taxi! Transport gets an overhaul

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
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