Middle East Economic Survey

VOL. L

No 41

08-October-2007

tunisia

ETAP To Seek Project Financing For Its Share Of Hasdrubal Gas Field

Tunisian state-owned energy company ETAP plans to seek project financing to fund its share of the development of the new Hasdrubal gas field, MEES understands. The company, which has secured a $150mn corporate facility through Citibank, will be seeking a further $500mn, and intends to approach the markets this year. Hasdrubal is a 50:50 joint venture between ETP and...