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

President Kais Saied is uprooting the post-2011 system which was once deemed the only success of success story of the 2011 ‘Arab Spring.’ Many complain he is returning Tunisia to authoritarian rule while the economy remains on the brink of collapse. Coupled with the effect of lower oil prices since late-2014, investment in the oil and gas sector has slumped. A turnaround remains a distant prospect.

2021 In Numbers
Crude/Co Output 39.7 000 b/d
Gas Output 2.23 bcm
Oil Rig Count 1 -
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SELECTED DATA

Tunisia’s Gross Public Debt Will Continue To Rise In The Absence Of Reforms (% Of GDP)

Tunisia's Gas Output Falls Have Been Reversed By The Ramp Up Of OMV's Nawara Project. But How Long Will This Last? (mn cfd)

Tunisia's Lost Decade: After Seeing A Handful Of 2020 Wells The Country's Rig Count Fell To Zero For First Time In Three Years For February

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