North Africa

Tunisia

Gone are the days when Tunisia was a net energy exporter. A lack of investment has seen oil and gas output slump in recent years but this looks unlikely to change any time soon.

State of Play

The only success of the 2011 ‘Arab Spring’, for Tunisia ‘success’ is relative. The economy has stagnated and political instability remains – strikes crippled the country in mid-2017. Coupled with the effect of lower oil prices since late-2014, investment has slumped. Making ‘success’ sustainable is a long-term project.

2018 In Numbers

Crude Output	0.04	mn b/d
Crude Exports	0.03	mn b/d
Gas Output	1.95	bcm
Oil Rig Count	2	-

Oil & Gas

4 Oct, 2019

Featured

Tunisia’s Upstream: Can It Emerge From A Lost Decade?

Tunisia’s oil and gas output has been on a downward trajectory for almost a decade. Political instability unleashed following the 2011 revolution paralyzed the country’s upstream. But Industry Minister Slim Feriani has been battling to turn things around and is determined to see “the glass half full.”