25 July 2001

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Australian Pancon awarded two offshore oil exploration permits
Area contains ‘look-alike’ prospects of billio2n-barrel discoveries
Australian petroleum exploration company Pancontinental Oil & Gas NL (Pancon), announced on Monday that it had executed an Exploration Study Agreement (ESA) with the Maltese government for two offshore permits totalling approximately 14,800 square kilometres just south west of Malta

Advisory council to be launched
An advisory council to the Malta Enterprise Board will be meeting for the first time this Saturday

International call for tenders for WTC
The government will be issuing an international call for tenders for the running and construction of a World Trade Centre, after the government had successfully applied for a licence from the World Trade Centres Association

The cost of getting connected
Statistics released by the National Statistics Office show consumption trends moving towards IT related services and products and this change in lifestyle is costing consumers an average of Lm50 a month


The Business Times, Network House, Vjal ir-Rihan San Gwann SGN 07
Tel: (356) 382741-3, 382745-6 | Fax: (356) 385075 | e-mail: editorial@networkpublications.com.mt