Tunisia to invest $5B in Dnergy Projects

By Tarek Amar
Thursday, March 1, 2018

 Tunisia will invest 12 billion dinars ($5 billion) in electricity and other energy projects from 2018 to 2020, a government statement said on Thursday.

The government also said it was planning a new airport close to the capital.
The energy projects include a 600 megawatt-underwater power cable to link Tunisia's power grid with Italy's, Energy Minister Khaled Kaddour said in a statement. The 200-km (125-mile) line would cost 600 million euros, he said.
The North African country would also build two power plants with a capacity of 450 megawatts (MW) each, the statement said.
Separately, Transport Minister Radhouan Ayara said Tunisia would build a new airport close to the capital in Bizerte at a cost of 2.047 billion dinars by 2030.
($1 = 2.4046 Tunisian dinars) (Reuters Reporting by Tarek Amara Editing by Ulf Laessing and Edmund Blair)
Categories: Contracts Energy Government Update

Related Stories

Dolphin Drilling’s Blackford Dolphin Secures More Work for Oil India

Saipem Lands $2B FPSO Deal for Offshore Gas Field in Indonesia

Israel Steps Up Mediterranean Gas Search

MODEC Advances Construction of Brazil-Bound Gato do Mato FPSO

Oil Hits Four-Month Low After US-Iran Doha Talks

SLB to Support Kuwait Oil's AI and Digital Tech Initiative

Sunda Reviews Timor-Leste Appraisal Plans as New Zealand Deal Advances

SBM Offshore, SWS Sign Deal for Seventh FPSO Hull

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

ONGC Expands BP Partnership with Western Offshore Basin Services Contract

Current News

Hormuz Standoff Risks Chronic Instability for Gulf Oil Flows

From Fixtures to Values: Where the Jackup Recovery Is Already Being Priced

Eni and Petronas JV Extend Ventura Offshore’s Drilling Job in Indonesia

Dolphin Drilling’s Blackford Dolphin Secures More Work for Oil India

Oil Surges 3% on Renewed US-Iran Strikes

Offshore Vessel Pair Ordered from Grandweld Shipyard

ADNOC, XRG and Mitsui Broaden Energy Cooperation

Ruwais LNG Commitments Top 90% Capacity with New INPEX Deal

Saipem Lands $2B FPSO Deal for Offshore Gas Field in Indonesia

Oil Climbs on US-Iran Deal Uncertainty

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com