The Tunisian government and Austrian energy company OMV have reaffirmed their commitment to strengthening cooperation in the hydrocarbon sector. A high-level OMV delegation, led by Executive Vice President Przeslaw Gazeau, met with Tunisian Minister of Industry, Mines, and Energy Slah Zouari on Tuesday. The meeting, held on the sidelines of the Austrian Minister of Economy, Energy, and Tourism's visit to Tunisia, reviewed OMV's current activities and future plans in the country.
During the meeting, Zouari emphasized the importance of enhancing cooperation with OMV to accelerate the implementation of planned projects and develop exploration and production activities. He also stressed the need to improve the profitability of investments in the sector and maximize the value of Tunisia's hydrocarbon resources. The minister highlighted the government's priority of strengthening partnerships with major international companies and attracting new investments to boost gas and oil production.
Gazeau noted that OMV has maintained a partnership with Tunisia for over 50 years, highlighting the significance of projects completed during this period and their contribution to the development of Tunisia's energy sector. He expressed OMV's willingness to continue its cooperation with Tunisia and explore new opportunities to expand its activities and investments in the country.
The discussions focused on means to enhance cooperation in hydrocarbon exploration and production, aiming to contribute to the development of national resources and support the Tunisian energy sector. The meeting was attended by several high-ranking officials, including Secretary of State for Energy Transition Wael Chouchane and STEG President-Director General Fayçal Trifa.
OMV's current activities in Tunisia and its future programs were also examined during the meeting. The company is active in the hydrocarbon sector, and its investments have contributed significantly to Tunisia's energy landscape. The Tunisian government is keen to attract foreign investment to boost its energy sector and improve the country's energy security.
The cooperation between Tunisia and OMV is expected to play a crucial role in enhancing the country's energy sector. The two parties discussed ways to develop new projects and expand existing ones, which would contribute to increasing gas and oil production and improving energy security. The meeting demonstrated the commitment of both parties to strengthening their partnership and exploring new opportunities.
The meeting between Zouari and Gazeau reflects the ongoing efforts of the Tunisian government to strengthen partnerships with major international companies and attract new investments in the energy sector. The country's energy sector is a significant contributor to its economy, and foreign investment is crucial to its development and growth. OMV's continued investment in Tunisia is expected to have a positive impact on the country's energy landscape.
Key points
- Tunisia and OMV discuss strengthening cooperation in hydrocarbon exploration and production.
- OMV has maintained a partnership with Tunisia for over 50 years.
- The cooperation aims to contribute to the development of Tunisia's national resources and support its energy sector.
