Middle East Economic Survey

VOL. XLVIII

No 46

14-November-2005

tunisia

Tunisia To Open Up Acreage To IOCs In Push To Ease Energy Import Costs

Tunisia has announced plans to open up 80% of its onshore and offshore territory for oil and gas exploration by international oil companies (IOCs) in a bid to ease its energy deficit which is weighing on national finances because of high oil prices and fuel subsidies. Industry, Energy and Small and Medium Enterprises Minister Afif Chelbi announced on 27...