Thursday, October 16, 2008

ETAP Funding Project Compromised

On the drawing board for 18 months, a bid by Entreprise Tunisienne des Activites Petrolieres (ETAP) to raise USD 400 million on international capital markets to finance its share of work on the Hasdrubal field with British Gas may well come to grief because of the current financial crisis.


Via [Africa Intelligence]