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	-

Geopolitical Risk

10 Jun, 2022

Featured

Tunisia Eyes More Algerian Gas Imports

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.

Tunisia Gas Consumption (mn cfd): Rising Domestic Output Has Seen Imports Edge Lower Over The Past 2 Years

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NEWS IN BRIEF

Tunisia Presents New Constitution

1 Jul, 2022

Strikes Hit Tunisia

17 Jun, 2022

Tunisia: 2GW Solar Tender

17 Jun, 2022

Tunisia Dissolves Parliament

1 Apr, 2022

Perenco Eyes ‘$380mn Tunisia Investment’

1 Apr, 2022

Scatec Secures Financing For 100MW Tunisia Solar

25 Mar, 2022

Fitch Downgrades Tunisia Amid Worsening Outlook

25 Mar, 2022

Tunisia’s STEG Adds 10MW Of Solar PV Capacity

11 Mar, 2022

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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