Gaz 2

Russian missiles in Ukraine, economic bomb in Tunisia

The war between Russia and Ukraine threatens to weigh heavily on Tunisia’s fragile economic balance. Soaring oil prices will aggravate the burden, with the barrel price having far surpassed the 100 USD mark, not to mention the estimated 75 USD on which the country’s budget was based. Meanwhile, the tourism sector is likely to suffer for want of Russian visitors who once filled Tunisian beaches and hotels.

A ‘Win-Win’ Investment – OMV and ETAP Gazoduc-Nawara Project

In light of the implication of the Tunisian Ministry of Industry, Energy, and Mines and the Tunisian National Oil Company in the mismanagement of natural resources, the notorious association of oil companies worldwide for politicization and economic corruption, and the immensity of intended exploration and production activities in the south of the country, the Gazoduc-Nawara project demands public attention.