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Factsheet Nawara Gas Development - AR
Factsheet Nawara Gas Development - AR
OMV Upstream
Facts
The Project was granted OMV The European Investment Bank’s Government Decree of National
internal Final Investment Decision co-financed the project by granting a Interest signed in June 2015 making
in March 2014 loan of EUR 150 mn to ETAP in Nawara a Project of National Inter-
March 2014 and a loan of EUR 230 est
mn to OMV
The main commercial agree-
ments were signed in March 2014: Nawara first project in OMV
Gas Sales Agreement with Tunisian EPCC contracts awarded in Au- recording two years LTI free in Feb-
STEG and LPG Sales Agreement gust 2014 following a successful inter- ruary 2019
with Tunisian STIR national transparent tender
Project progress in February
Government Decree of National 2019: 98%
Interest signed in June 2015 making
Nawara a Project of National Interest