Tunisia to host int'l energy meeting to boost foreign investment.
Summary: Tunisia Tunisia (tnē`zhə, ty–), Fr. Tunisie, officially Republic of Tunisia, republic (2005 est. pop. , which imports most of its petroleum needs, will hold an international conference on energy business to increase foreign cash in the energy sector, local newspaper reported on Wednesday Wednesday: see week. .
Tunisia, which imports most of its petroleum needs, will hold an international conference on energy business to increase foreign cash in the energy sector, local newspaper reported on Wednesday. <p>aaaa"Tunisia will organize the first meeting on petroleum products and services in April with the aim to highlight investment opportunities in the country's energy sector and to know the foreign firms technical capacities and offers," the French daily Le Renouveau said in its report.
aaaaAbout 170 foreign and local firms dealing with energy activities are expected to attend the three-day meeting, it added.
aaaaThe country has budgeted 650 million Tunisian dinars (about 484.71 million U.S dollars) in 2009 to subsidize sub·si·dize
tr.v. sub·si·dized, sub·si·diz·ing, sub·si·diz·es
1. To assist or support with a subsidy.
2. To secure the assistance of by granting a subsidy. domestic oil prices. The government had pegged peg
a. A small cylindrical or tapered pin, as of wood, used to fasten things or plug a hole.
b. A similar pin forming a projection that may be used as a support or boundary marker.
2. its subsidies on the assumption that world prices were at 90 dollars per barrel, according to according to
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. official figures.
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