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Sunday, July 7, 2019
ENI CEO, Claudio Descalzi and the Tunisian Minister of Energy, Slim Feriani, signed a new agreement for transporting Algerian natural gas through Tunisia. The agreement was signed in the presence of Tunisian Prime Minister Youssef Chahed.
The agreement follows previous pacts reached with Sonatrach in May in relation to the purchase of gas and transport in the Strait of Sicily (the TPMC system). It also completes the contractual framework that allows the Italian firm to import Algerian gas into Italy.
With this agreement, ENI undertakes to operate the pipeline for the next 10 years, through its subsidiary Trans Tunisian Pipeline Company (TTPC), ensuring necessary reinvestment for modernizing infrastructure and taking advantage of the exclusive rights to the entire transport capacity.
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