Funr (FUNR)

[SharonB]

This can't hurt ILCO and might help if China/Tunisian trade is enhanced.
Top Chinese official arrives in Tunisia
16/04/2007

Jia Qinglin, chairman of the National Committee of the People's Political Consultative Conference (CPPCC), China's top political advisory body, arrived in Tunisia on Sunday (April 15th) for a three-day working visit at the invitation of Abdallah Kallel, speaker of Tunisia's Chamber of Advisors. Tunisia is the first stop on Jia's African tour, which is set to include Ghana, Zimbabwe and Kenya. Xinhua quoted Jia as saying that his visit to Africa aims to create consensus between Chinese and African leaders, and to further the implementation agreements reached last November at the Beijing summit of the Forum on China-Africa Co-Operation (FCAC). Jia voiced his hope to strengthen bilateral relations with Tunisia and to boost economic and trade co-operation. (TAP, Xinhua, La Presse)
http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/section/news
---From the same link.
Sonatrach announces four new oil and gas discoveries
16/04/2007

Sonatrach announced four new hydrocarbon discoveries Sunday (April 15th) in Algeria's southeast Berkine and Illizi basins. In the Berkine basin, Sonatrach and Canada’s First Calgary Petroleum made a gas discovery with an estimated output of 2,006 cubic metres per hour. In Illizi and West Ihansaten, Sonatrach and Medex North Africa made two gas and oil discoveries with a flow of 2,875 cubic metres per hour. Sonatrach discovered the fourth gas field in partnership with Petroceltic International in the Illizi basin with an estimated flow of 7,905 m3/hour. Since the beginning of the year, Sonatrach has made six hydrocarbon discoveries. These discoveries and the completion of maintenance projects on several oil facilities are expected to increase Algeria's hydrocarbon supplies. (Sonatrach website, APS)