North Africa


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.

Perenco Gross Tunisia Output To Top 10,000 BOE/D* With Chergui Purchase ('000 Boe/D)
Tunisia Crude Output: At Just Under 40,000 B/D For Jan-Apr 2018 Production Is Down 10% Year-On-Year (‘000 B/D)
Tunisia’s Exploration Collapse