Tunisia Awards 60MW Solar Projects
15 Mar, 2019
Oil & Gas
Tunisia’s Nawara Gas Project: Too Little Too Late?
08 Mar 2019
Tunisia’s gas output slumped to 193mn cfd for 2018, the lowest since the 2009 ramp-up of offshore production. While the long-delayed Nawara project should provide a much-needed output boost from late-2019, Tunisia will still be reliant on Algeria for over half its gas demand. Renewables aren’t going to save the day either.
Touted as the ‘umbilical cord’ of Tunisia, the much-delayed $1.2bn OMV-led Nawara Gas Project is finally due to come online towards the end of this year. But underlying decline due to lack of investment at Tunisia’s producing gas fields means the 85mn cfd that Nawara is set to add will only boost Tunisia’s overall output to around 250mn cfd – lower than it was in 2014 when FID was taken on Nawara (see chart 1).
But make no mistake, the added volumes will provide much needed relief to Tunisia which...
Nawara Will Add 85mn CFD To Tunisia's Gas Output From 2020*