North Africa


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.

2019 In Numbers
Crude Output 35 '000 b/d
Gas Output 1.8 bcm
Oil Rig Count 2 -
Installed Capacity 5.9 GW
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Tunisia’s Energy Subsidy Spending (% Of Gdp) Is Set For A Huge Fall This Year On The Back Of Lower Oil Prices

Tunisia's Oil And Gas Output Has Been On A Near Continuous Fall Since 2010

1: Tunisia Installed Capacity (GW): Gas-Fired Additions Increased Tunisia’s Buffer In 2019

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