August 2019, Vol. 246, No. 8
Global News
Eni, Tunisia Government Extend Transport Deal to 2029
Italy’s Eni said it has renewed an agreement to continue transport of Algerian natural gas through Tunisia until 2029.
The agreement signed by Tunisian Minister of Industry Slim Feriani and Eni CEO Claudio Descalzi follows those reached with Sonatrach to purchase gas and transport in the Strait of Sicily (the TPMC system) and completes the contractual framework that allows Eni to import Algerian gas into Italy.
Under the agreement, Eni subsidiary Trans Tunisian Pipeline Company (TTPC) will operate the pipeline for the next 10 years and ensure necessary reinvestment for modernizing infrastructure, Eni said.
Eni said the agreement demonstrates its long-standing commitment to North African countries, not only upstream, but also in managing transport infrastructure, marketing petroleum products, the chemical sector and producing energy from renewable sources. P&GJ
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