Middle East Economic Survey

VOL. L

No 30

23-July-2007

tunisia

Shell Awarded Tunisian Exploration Permit

Shell has been granted an oil and gas exploration permit in Gabes, southeast Tunisia, covering 5,140 sq km, according to state-run Tunis Afrique Presse (TAP). The company signed a draft agreement for the exploration of the Metouia permit in the presence of Tunisias Energy Minister Afif Chelbi in Tunis on 13 July. The initial two-year work period requires an investment of $3mn, says TAP, after...