Project General Description
This intervention is a corporate loan facility in favor of Tunisian National Oil Company (ETAP) to finance it’s investment plan over the years 2013-2020, with the South Tunisian Gas Pipeline (STGP) as the Flagship project. ETAP’s Investment Program (IP) for the period 2013-2020 comprises two major activities: i) further development of oil & gas fields production and related infrastructure in the Tunisian southern region, and ii) the expansion of treatment and transport infrastructure for products from the fields to the port of Gabès. The STGP project represents the backbone of gas infrastructure network and will lay the foundation to develop hydrocarbon resources for future energy sufficiency. The project has the following components: (i) Central Processing Facilities (CPF): located in Nawara, south of Tunisisa; (ii) Gas pipeline: de 24" of diameter and 370km length, with maximum capacity of 10 million Sm3/day; (iii) A gaz treatment plant (GTP): will be located on the coast in Ghannouch Industrial area near Gabès. Construction works will take 2 years.
The main beneficiary of the project is the Government of the Republic of Tunisia. The project will create employment opportunities during the construction and operation phase, and will benefit local and national SMEs through outsourced activities.