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Mobile goes digging for oil in Tunis
Tunisia, Economics, 11/19/1997
The American company Mobile will start a search for oil reserves in areas about 3,163 km wide in which it won the privileges to implement the search from the Tunisian government.
According to estimates prepared by the American company, whose return to Tunis is considered an indicator of improved likelihood of finding oil, the search will cost about $4 million.
It was pointed out that Tunisian oil production increased in the first half of the current year by 3.5% and has reached 424,000 tons.
Previous Stories:
Tunis: $1.6 billion budget deficit
(11/10/1997)
Tunisian olive oil production decreases
(11/3/1997)
New oil pipeline in Tunisia
(10/28/1997)
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