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.
Crude Output | 32 | 000 b/d |
Gas Output | 1.86 | bcm |
Oil Rig Count | 2 | - |
10 Jun, 2022
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Algerian gas is in high demand. After Italy signed a deal to boost pipeline imports, Tunisia is angling for higher volumes from its neighbor via the same route.
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