The African Development Bank (AfDB) has approved a 7-year US$75m corporate loan to the Entreprise Tunisienne d’Activités Pétrolières (ETAP), the Tunisian state-owned oil and gas exploration and production company, to finance part of the South Tunisian Gas Project (STGP)/Nawara project.
The STGP (Nawara) Project involves the construction of gas transportation and treatment facilities to bring stranded and associated gas from the south of Tunisia (Nawara concession and others) to market. It comprises: a 2.7 mcm/d Central Processing Facility (CPF) that will collect gas received from the Nawara field to be compressed prior to transport via the gas pipeline for the commercial gas and the Trapsa oil pipeline for the condensates; a 370 km pipeline for rich gas, condensates and commercial products with a design capacity of 10 mcm/day; and a gas treatment plant (GTP) located on the coast in the Ghannouch industrial area near Gabès that will produce marketable products (natural gas, propane and butane). The project is being constructed in a 50/50 joint venture by ETAP and OMV Tunisia, the Tunisian subsidiary of the OMV Austria.