Tunisia: A new well to extract natural gas
7 September 2010
Cygam, a Canadian company, has just signed a contract with Tunisia to install a well to extract natural gas from bituminous schists, in the Ghadames basin.
Cygam believes, after conducting tests with a French company, Perenco, that the well has the potential to double the current production of gas and bring it to 10 million standard cubic feet per day, reports the journal African Manager, according to a press release from Perenco.
This announcement arrives in the middle of an energy crisis, with several West African countries experiencing a severe shortage of gas and electricity distribution.
The Ghanaian authorities have said this week that their country is ready to share oil and gas with its neighbours, if need be.
"We have to stick together, and with the discovery of oil and gas in Ghana, the government is willing to share its wealth with you", declared the vice president, John Dramani Mahama, quoted by the Ghanian press agency.