Tunisian Oil Project Gets AfDB Backing

The African Development Bank will lend USD150 million to fund an oil project in Tunisia. According to the bank, the Hasdrubal Oil and Gas Field Development Project aims to build “a stand-alone, concurrent gas, condensate, and oil system in the Gulf of Gabes in 62 meter water depth.” (“Africa’s AfDB bank lends Tunisia USD150 million” - Thomson Reuters, Oct. 23, 2008)

About the author

Join the Discussion