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. Weak ‘consensus’ governments have failed to take tough economic decisions needed to strengthen the economy. Coupled with the effect of lower oil prices since late-2014, investment in the oil and gas sector has slumped. Making ‘success’ sustainable is a long-term project.

2020 In Numbers
Crude Output 32 000 b/d
Gas Output 1.86 bcm
Oil Rig Count 2 -
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SELECTED DATA

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 Crude Output Also Saw A Healthy Boost In January After Hitting Yet Another Historic Low In 2020 (‘000 b/d)

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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