2 July 2019

Italian oil company ENI and Tunisian government extend their collaboration until 2029

On 2 July, the major Italian oil company ENI and the government of Tunisia signed a new agreement for transporting Algerian natural gas through Tunisia that will extend their collaboration until 2029. ENI’s CEO Claudio Descalzi and the Tunisian Minister of Industry Slim Feriani signed the agreement in Tunis in the presence of Tunisian PM Youssef Chahed. With this agreement ENI takes over the management of the pipeline that connects Tunisia and Sicily, allowing Italy to import gas from Algeria. PM Chahed welcomed the agreement on Twitter, adding that thanks to this cooperation, Tunisia receives about 500 million of dinars per year. The trans-Tunisian pipeline was created in the early 1980s and consists of two lines around 370km long.

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