Eni, Tunisia Government Extend Transport Deal to 2029
(P&GJ) - 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.
Built in the early 1980s and strengthened subsequently over several phases, the trans-Tunisian pipeline consists of two lines, 48 inches wide and around 370km long, from the Algerian-Tunisian border near Oued Saf to the Cap Bon headland, as well as five compression stations. With a transport capacity of approximately 34 billion m3/y, it plays a key role in Italian and Tunisian energy supply and will continue to do so. It contributes to the diversification of sources and to the energy transition in the Italian market.
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.
Related News
Related News
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
- Williams Delays Louisiana Pipeline Project Amid Dispute with Competitor Energy Transfer
- Evacuation Technologies to Reduce Methane Releases During Pigging
- Editor’s Notebook: Nord Stream’s $20 Billion Question
- Enbridge Receives Approval to Begin Service on Louisiana Venice Gas Pipeline Project
- Russian LNG Unfazed By U.S. Sanctions
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
Comments