Chairman of French oil and gas company «Perenco» François Perrodo said his group is willing to increase its investments in Tunisia to 380 million dinars (MD) over the next four years.
Perenco plans to diversify its activities and extend them to solar energy, Perrodo said as he met Prime Minister Najla Bouden at the Government Palace in Kasbah on Saturday.
The group also plans to invest in the production of organic olive oil in order to encourage local agriculture and create new jobs in the country’s interior regions, the Prime Ministry said in a statement.
As for oil exploration activities, the group plans to explore with other partners new oil deposits in the gulfs of Hammamet and Gabes, besides developing new projects in the field of plastic waste recycling.
The PM welcomed the group’s intention to invest in alternative energy, noting that the Tunisian government supports investment in this field.
Perenco is an independent oil and gas producer founded in 1992. It operates more than 3,000 wells for a gross production of 450,000 boepd in 2020. It provides about 4,000 jobs, among executives, workers and technicians.
