Report summaryTunisian production has been in decline since 2010, and currently averages 106,000 boe/d. The national oil company, ETAP, chooses to compensate foreign investment for the small resource base with more generous fiscal terms and higher gas prices. However, the low oil price, dwindling reserves and increasing social unrest have badly affected companies in Tunisia, leading to declining production.Many companies have delayed development plans or have applied to extend their exploration licences ...
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