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	-

Economics & Finance

29 Oct, 2021

Featured

Kais Saied’s Tunisia: Where Is It Headed?

Tunisia has a new government but the path forward is unclear. President Kais Saied wants to revamp politics. A collapsing economy should be the immediate priority.

Tunisia's Gross Public Debt Has Doubled Over The Past Decade (% Of GDP)

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NEWS IN BRIEF

Tunisia Refiner Taps Saudi For $200m

14 Jan, 2022

Tunisia Restarts IMF ‘Rescue’ Talks

12 Nov, 2021

Scatec: Tunisia Solar PV Delay

29 Oct, 2021

Tunisia Appoints New PM

1 Oct, 2021

Tunisia: President’s Power Grab Shakes Democracy To The Core

30 Jul, 2021

Panoro’s Tunisia Exploration Delay

28 May, 2021

Tunisia Eyes 60,000 B/D From Existing Fields

18 Dec, 2020

Panoro Set To Reverse Tunisia Declines

27 Nov, 2020

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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