Looks like investment and tourism
is returning to Tunisia
Why then are we STILL delayed ???
British oil and gas firm BG Group plans some $300 million of investments in Tunisia in 2011 to develop its production sites in the North African country, the state TAP news agency said on Thursday. Skip related content
BG Tunisia is the operator of an exploration permit offshore Sfax, in the south, and pipes oil and gas throughout Tunisia, supplying more than 50 percent of the country's domestic gas.
TAP said Sami Iskander, executive vice-president and managing director of BG, Africa, Middle East and Asia had met Prime Minister Beji Caid Sebsi on Thursday.
It quoted him as saying the investments aimed to keep production in the fields of Miskar and Hasdrubal -- drilling of new wells, maintenance of platforms -- in the region of Sfax.
Iskander and Sebsi also discussed ways to attract more investment in Tunisia and improve the group's relations with communities living near production sites, TAP said.
It quoted Iskander as saying the situation in some Tunisian production sites had improved after strikes hit operations.
BG Tunisia recently signed an agreement with representatives of communities living near its sites under which it pledged to create 120 jobs as well as establish a fund of $2 million in 2011 to finance social investment and micro-credit projects.
Investments of BG Tunisia, a subsidiary of BG Group, have reached 3.5 billion Tunisian dinars ($2.5 billion) so far.
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