Middle East Economic Survey

VOL. LIII

No 7

15-Feb-2010

TUNISIA

IDB And STEG Sign Loan Agreement For Gas Supply Project

The Islamic Development Bank (IDB) has signed an agreement in guarantee and a loan agreement for 33.4mn ($46mn) with state-owned Tunisia Company for Electricity and Gas (STEG) to finance a natural gas project in Gafsa, it was announced 5 February. The project includes the construction of a 175km gas pipeline linking Gafsa to surrounding cities. The loan agreement was signed by...