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FINANCIAL NEWS
Tunisia in talks with British-Petrofac firm
25 Sep 2016
(MENAFN) Tunisia reached an agreement with protesters who disrupted gas production by Petrofac in order to stop the British energy firm closing its business.
Petrofac supplies 13 percent of the country”s gas through the Chergui venture in the south, which started shutting down its regional gas operations.
Meanwhile, government proclaimed that importing gas from Algeria will make up for the shortfall caused by output disruptions that cost almost USD100mn.
The country will help 266 young unemployed and will make a local development fund, which may be a step to resolve the crisis with Petrofac.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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