Middle East Economic Survey
VOL. LIII
No 31
2-Aug-2010
TUNISIA
AfDB Backs ETAP Investment Program
The African Development Bank (AfDB) announced on 8 July the signing of a $150mn corporate loan agreement with Tunisian state firm Entreprise Tunisienne d'Activités Pétrolières (ETAP). The loan is to support the companys 2009-10 investment program, which includes the Hasdrubal oil and gas field development. Hasdrubal involves the construction of a stand-alone gas, condensate and oil production system...
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