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Article: Energy firms look to tiny Tunisia for safer profits.
- Article from:
- UMCI News (Potomac Falls, VA)
- Article date:
- November 10, 2009
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Summary: Tunisia's energy sector is attracting growing interest from international firms looking for dependable returns, despite oil and gas output that is dwarfed by its neighbours Libya and Algeria.
Tunisia's energy sector is attracting growing interest from international firms looking for dependable returns, despite oil and gas output that is dwarfed by its neighbours Libya and Algeria.
Tunisia produced 2.9 billion cubic metres of natural gas in 2008 -- a drop in the ocean compared to the 86.5 billion cubic metres pumped by Algeria last year.
But some international oil and gas companies say that while the volumes are low, Tunisia's favourable ...