BMI View: Tunisia's investor-friendly government and stable business environment - relative to many of itsneighbours - have attracted foreign investors. However, the country's oil reserves are depleting and recentexploration efforts have only resulted in relatively small discoveries. In addition, the low oil and gas priceenvironment is de-incentivising exploration activity. Furthermore, production is also at risk from regularsocial unrest and industrial actions impacting the energy sector.
Latest Updates And Key Forecasts
Exploration slowed considerably over 2016 and 2017 given the difficult oil price environment. WhileTunisia has limited resource potential compared to many of its neighbours, the country is relatively morestable and investor-friendly, attracting several international oil companies.