Tunisia Continues Investing in Oil Exploration and Production
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Tunisian oil field
A new gas field in Tunisia has begun production. Situated off shore the island of Kerkennah, the field required TND 100 million to develop, with its output entirely purchased by the Tunisian power company Société d’Electricité et du Gaz (STEG).
Gas in the so-called Chergui field, which is located near Sfax, was actually discovered in the 1970s. It is expected to yield 1.4 billion cubic meters. The Chergui field became operational in August 2008, producing a daily average of 450,000 cubic meters of gas. Continue here.
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