Printer Friendly

Tunisia to host int'l energy meeting to boost foreign investment.

Summary: 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.

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 domestic oil prices. The government had pegged its subsidies on the assumption that world prices were at 90 dollars per barrel, according to official figures.

Copyright UMCI News

Provided by Syndigate.info an Albawaba.com company
COPYRIGHT 2009 Al Bawaba (Middle East) Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:UMCI News (Potomac Falls, VA)
Article Type:Conference news
Date:Jan 8, 2009
Words:179
Previous Article:Efforts to improve Libya visas.
Next Article:Morocco unveils plan for business park chains.
Topics:

Terms of use | Copyright © 2014 Farlex, Inc. | Feedback | For webmasters