A concession of exploitation of hydrocarbons called concession of exploitation “Ezzaouia” was granted to the Tunisian Company of Petroleum Activities (ETAP) with a rate of 100%, under a decree of the Ministry of Industry, Mines and Energy published in the Official Gazette of the Tunisian Republic (JORT) Tuesday.
This operating concession covers an area of 40 square kilometers. It was granted to ETAP for a period of twenty years from the date of 1 January 2020.
The Ministry has also granted another hydrocarbon exploitation concession called “Oued Zar” for the benefit of ETAP and the company “ENI Tunisia B.V.” with a rate of 50% for each.
The exploitation concession “Oued Zar” which covers an area of 96 square kilometers, is granted for a period of twenty years from the date of August 21, 2022.
