Saïed dismisses CEO of SOTUGAT and SERGAZ

President Kaïs Saïed has dismissed by decree the CEO of the Trans-Tunisian Gas Pipeline Company (SOTUGAT) and the Trans-Tunisian Gas Pipeline Service Company (SERGAZ), Moncef Mattoussi, the Presidency of the Republic announced Friday.

The trans-Tunisian gas pipeline ensures the supply of natural gas (Algerian gas accounts for around 65% of national consumption between royalties and purchases) and mobilises resources for the State budget (524 million dinars in 2018), according to the Ministry of Industry, Mines and Energy.

Tunisia has concluded an agreement with Italy to extend the operation of the “Trans Tunisian” gas pipeline for a period of 10 years, approved by Law No. 2019-63, the same source points out, specifying that Italy will bear the cost of investment, maintenance and the budget of the companies (SOTUGAT and SERGAZ) and the creation of 460 new jobs, including the PMS service company.

Source: Agence Tunis Afrique Presse

Search

Search

Advertisement

Recent Posts

Advertisement