AfDB to loan money for Tunisian gas project

gas plant eni-mailsparky sxc optThe project is a 50-50 joint venture by ETAP and OMV Tunisia GmbH. (Image source: Mail Sparky/sxc.hu)The African Development Bank (AfDB) Group has approved a seven-year US$75mn corporate loan to Tunisia’s Entreprise Tunisienne d’Activités Pétrolières (ETAP) for its South Tunisian Gas Project (STGP), also known as the Nawara Project

The Nawara concession is located in Ghademes Basin, 50 km southwest of Hammouda and Oued Zar production installations.

The STGP involves the construction of gas transportation and treatment facilities to bring stranded and associated gas from the south of Tunisia (Nawara concession and others) to market.

The project comprises of a central processing facility (CPF) that will collect gas received from the Nawara gas field to be compressed prior to transport via the gas pipeline for the commercial gas and the Trapsa oil pipeline for the condensates, a 370 km pipeline for rich gas, condensates and commercial products with a design capacity of 10mn cu m per day, and a gas treatment plant (GTP) located on the coast in the Ghannouch industrial area near Gabès that will produce natural gas, propane and butane.

The project is a 50-50 joint venture by ETAP and OMV Tunisia GmbH, the Tunisian subsidiary of OMV Austria.

According to ETAP sources, the STGP (Nawara) project will help reduce importation of gas and also increase hydrocarbon exports.

The project reportedly represents the backbone of gas infrastructure network and will lay the foundation to develop hydrocarbon resources for future energy sufficiency.

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