Tunus Summary2012

Facts• The Tunisian Republic is located in the northernmost part of

Africa bordering the Mediterranean Sea between Algeria and Libya.

• The upstream oil industry in Tunisia is still modest and upcoming as compared to its neighbouring countries.

• Oil and Gas are the two major sources of energy requirements in the country accounting for 48.30% and 39% respectively in 2008.

• The country produced about 81,000 barrels per day of crude oil in 2009. Crude oil production has declined marginally in the past decade.

• Domestic consumption has increased from 83,000 barrels per day in 1999 to about 107,600 barrels per day in 2009.

• The country no longer exports crude oil as domestic consumption has risen considerably in recent years.

• The country’s low refining capacity has led the country to import refined petroleum products to meet its demands.

• Crude oil reserves in Tunisia increased from 300m bbl in 2000 to 388m bbl in 2008.

• El Borma, Ashtart and Sidi el Kilani are Tunisia’s main oil producing fields.

• Tunisia had around 1.80 trillion cubic feet of proven natural gas reserves in 2008, with about two-thirds located offshore.

• Natural Gas production in Tunisia has increased from 81.70 bn cu ft in 2000 to 91.30 bn cu ft in 2009.

• Consumption, on the other hand, increased from 83 bn cu ft in 2000 to 112.60 bn cu ft in 2009.

• Tunisia does not export natural gas. Miskar and Franig are the two major gas fields in the country.

1. Facts_contBacground

• Strategic location in central Mediterranean, Malta and Tunusia are discussing the commercial exploitation of the continental shelf between their countries for oil.

• Total Area : 163.610 km2

• Etnics : Arab 98%, European %1, Jewish and other %1

• Language : Arabic (official), French and Berber

• Population: 10.732.900 (2012 est)

• GDP (purchaisng power parity): 100 billion $ (2011 est)

• Primarily revenue from

• Budget: revenues is 10.54 billion $ and expenditures is 13.23 billion $ (2011 est)

• Industries :petrolwum, mining, agriculture, mining, tourism and manufacturing

• Export items: textiles, food, petroleum products, chemicals and phosphates

• Exports is 17.61 billion $ (2011 est) exporting clothing, saemi finished goods, textiles, agricultural products, mechnaical goods, phosphates, chemicals, hydrocarbons, electrical equipment

• Import is 22.95 billion $ (2011 est) and importing, textile, machinery and equipment, hydrocarbons, chemicals, foodstuffs

• Pipelines: gas:2.386 km, oil 1.323 km; refined products 453 km (2010)

Energy• Electricity production : 14.76 billion kWh (2009 est)

• Electricity consumption : 12.75 billion kWh (2009 est)

• Electricity export : 81 million kWh (2009 est)

• Electricity import : 122 million kWh (2009 est)

• Electricity ınstalled generating capacity: 3.648 million kWh (2009 est)

• Electricity from fossil fuels : 96.9%

• Electricity from nuclear and hydrolic plants and renewables: 0%- 1.7% and other 1.4%

• Crude oil production : 70.800 bbl/d (2011 est)

• Crude oil consumption : 84 m bbl/d (2010 est)

• Crude oil exports : 65.690 bbl/d (2009 est)

• Crude import : 24.580 bbl/d (2009 est)

• Crude proved reservs : 425 million bbl (2012 est)

• Refined petroleum products Production: 36.670 bbl/d (2008 est)

• Refined petroleum products consumption: 88.380 bbl/d (2011 est)

• Refined petroleum products exports : 15.270 bbl/d (2008 est)

• Refiend petroleum products imports : 74.600 bbl/d (2008 est)

• Natural gas production : 2.03 billion m3 (2010 est)

• Natural gas consumption : 3.28 Bcm

• Natural gas exports : 0

• Natural gas imports :1.25 billion m3 (2010 est)

• Natural gas proved reserves :: 65.13 Bcm (2012est)

• CO2 emission : 18.72 million Mt (2010 est)

• Refinery Capacity : 34 million bbl/d 3

Facts• 1st exploration well: 1933

• 1st dşscovery :1949

• 1st production : 1956

• Total expl wells drilled: 506 onshore, 212 (offshore)

• Acreage Leased : 113.378 km2, / 73.408 km2 (offshore) (2010)

• Major Players : ADX, Anadarko, BG, Candax, Chinook, Eni, Etap, Exxon, OMV, PA Resorces, Perenco, Repsol, Shell, Thani, Topic, Winstar

• Production : 70.8 M bbl/d, 305.6 MM cf/d (2011 est)

• Regulatory Law ino is 99-93 of 17th August 1999.

• Tunusian state company is Etap and is promoting open blocks

• PSA issued 2002•Royalty Tax • Joint Venture•Carried state participation•Royalty on a sliding scale linked to profitability (%2-%15)• İncome tax on on a sliding scale linked to contractors profitibility (%50-&75 for oil and %50 to %65 for gas)•Production sharing•Cost recovery from all availbale production•Profit sharing on a negotiable sliding scale• İncome tax met from the states share

Tunisian Concession Map

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El Kef