Tunisia, Algeria Negotiate 10-Year Gas Supply Contract

Tunisia, Algeria Negotiate 10-Year Gas Supply Contract

Tunisia and Algeria are in the process of negotiating a decade long contract for the future supply of gas between the two countries, TAP reported.

Mongi Marzouk, Tunisian minister of Energy, Mines and Energy Transition said that the contract runs from 2020 to 2030 and that the contract is close to its conclusion with his Algerian counterpart, Mohamed Akeb.  Marzouk reassured Tunisians that there would be no disruption to domestic supply, considering that Algeria is the provider of two-thirds of Tunisian gas.

At present, further negotiations are ongoing between the Ministry of Finance and the Tunisian Company of Refining Industries (STIR) in order to secure sufficient oil quantities for three months.


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