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Alpine Oil and Gas gets permit to explore oil in Tunisia for three years.

Tunisia, 18 Sept: The "Chorbane" oil research permit has been awarded today to the Australian "Alpine Oil and Gas" company as part of a production-sharing contract with Tunisia''s oil company ETAP. Extending over the governorates of Sousse and Kairouan , this permit covers an area of 2428 square Kms. The works schedule for the initial period has been set at 3 years for an investment estimated at 3, 5 million dollars to be financed by "Alpine Oil & Gas."

The agreement was signed on behalf of Tunisia''s government by Afif Chelbi, Minister of industry, energy and SMEs on the one hand and Wolfgan Zimmer, director general of Alpine Oil & Gas and Khaled Becheikh, chairman and managing director of ETAP on the other hand , at a ceremony held Friday in Tunis.

Al Bawaba / Euclid Infotech Monitoring (Arabic to English)

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Publication:Al Bawaba/Euclid Infotech Monitoring (Arabic to English Service)
Date:Sep 18, 2009
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