See also:
» 05.05.2011 - Large budget aid programme for Tunisia
» 22.03.2010 - Two Tunisia oil permits explored
» 20.10.2009 - SA and Tunisia get Swiss funding for clean energy projects
» 03.09.2009 - AfDB approves loan to rehabilitate Tunisia's electricity network
» 06.04.2009 - Tunisia launches energy saving programme
» 31.03.2009 - Morocco and Tunisia get $2.5 billion in energy investments
» 14.11.2008 - Tunisia to build wind farms in Bizerte
» 28.01.2004 - Large investments in Tunisian wind power

China wholesale online through

Houlihan's coupons

Finn autentiske matoppskrifter fra hele verden på
Gazpacho Børek Kartoffelsalat Taboulé Gulasj Albóndigas Cevapi Rougaille Japrak sarma Zwiebelbrot Klopse Giouvetsi Paella Pljeskavica Pica pau Pulpo a la gallega Flammkuchen Langosj Tapenade Chatsjapuri Pasulj Lassi Kartoffelpuffer Tortilla Raznjici Knödel Lentejas Bœuf bourguignon Korianderchutney Brenneslesuppe Proia Sæbsi kavurma Sardinske calamares

Autentiske matoppskrifter fra hele verden finner du på
Réunion Portugal Aserbajdsjan Serbia Tyskland Seychellene Bosnia Spania Libanon Belgia India Kroatia Hellas Italia Ungarn Komorene Georgia Mauritius Østerrike Romania Frankrike

Economy - Development

Tunisia finally increasing oil production

afrol News, 19 December - After more than two decades of a declining oil production, Tunisia finally sees a quick growth in its hydrocarbon sector. With the recently connected offshore Oudna field now already producing half of its forecasted target, national oil production could soon be reaching the peak of the early 1980s.

The Swedish oil company Lundin Petroleum AB today announced that gross oil production from the Oudna field offshore Tunisia is now in excess of 20,000 barrels per day (bbl/d) of oil, "following the successful commissioning of water injection and artificial lift facilities."

The Oudna field was only put online on 11 November this year, thus with an initial production of 8,000 bbl/d. Proven and probable reserves of the Oudna field are 11.5 million barrels of oil, putting it on the top-five list of Tunisia's known oil reserves and making it the first producing field in the north-eastern Gulf of Hammamet (northeast of Sousse).

According to Ashley Heppenstall, President and CEO of Lundin Petroleum, production at Oudna is still to double before the end of the year. "The increased production from the Oudna field has ensured that we have achieved our forecast 2006 year end production of 40,000 bbl/d," commented Mr Heppenstall in a statement today.

The additional 40,000 daily barrels that the Oudna field contributes to in Tunisia's national oil output signifies an over 50 percent increase in the country's production. The latest figures available (2005) from the state-owned oil company Enterprises Tunisienne d'Activites Petrolieres (ETAP) put the national oil production at around 71,000 bbl/d.

According to ETAP, 73 percent of last year's total Tunisian oil production comes from six main concessions: El Borma, Ashtart, Oued Zar, Adam, Didon and Miskar. The remaining was produced from 26 other small concessions. ETAP statistics further indicate that the Oudna is now turning into Tunisia's highest producing oil field.

But this will not last for long, unless Lundin and its partners find larger reserves at the Oudna field. With about 11.5 million barrels of oil, Oudna will not be able to maintain a 40,000 bbl/d production for a long time.

Further, Tunisian authorities are optimistic about finding further large reserves in the Gulf of Hammamet. Higher world oil prices, improved technology and reforms easing foreign investments have caused a small boom in oil exploration in Tunisia - a country that most observers thought had already outlived its oil age.

Oil was only discovered in Tunisia in the early 1960s, as the relatively large El Borma field far in the desert south at the Algerian border caused widespread optimism in the North African country. El Borma so far however has proven to the country's by far largest oil reserve, and since the mid-1980s, production has been going rapidly downwards here.

Despite the early optimism, most experts now hold that Tunisia has only modest oil reserves compared to its neighbours. Proven reserves have been steadily at around 310 million barrels during the last decade, while proven gas reserves are growing fast. While few experts foresee a major oil and gas boom in Tunisia, the national economy nevertheless has developed well compared to most regional neighbours - without depending too much on hydrocarbons.

- Create an e-mail alert for Tunisia news
- Create an e-mail alert for Economy - Development news

    Printable version

On the Afrol News front page now

Rwanda succeeds including citizens in formal financial sector

afrol News - It is called "financial inclusion", and it is a key government policy in Rwanda. The goal is that, by 2020, 90 percent of the population is to have and actively use bank accounts. And in only four years, financial inclusion has doubled in Rwanda.

Famine warning: "South Sudan is imploding"

afrol News - The UN's humanitarian agencies now warn about a devastating famine in Sudan and especially in South Sudan, where the situation is said to be "imploding". Relief officials are appealing to donors to urgently fund life-saving activities in the two countries.
Panic in West Africa after Ebola outbreak in Guinea

afrol News - Fear is spreading all over West Africa after the health ministry in Guinea confirmed the first Ebola outbreak in this part of Africa. According to official numbers, at least 86 are infected and 59 are dead as a result of this very contagious disease.
Ethiopia tightens its already strict anti-gay laws

afrol News - It is already a crime being homosexual in Ethiopia, but parliament is now making sure the anti-gay laws will be applied in practical life. No pardoning of gays will be allowed in future, but activist fear this only is a signal of further repression being prepared.
Ethiopia plans Africa's biggest dam

afrol News / Africa Renewal - Ethiopia's ambitious plan to build a US$ 4.2 billion dam in the Benishangul-Gumuz region, 40 km from its border with Sudan, is expected to provide 6,000 megawatts of electricity, enough for its population plus some excess it can sell to neighbouring countries.

front page | news | countries | archive | currencies | news alerts login | about afrol News | contact | advertise | español 

©  afrol News. Reproducing or buying afrol News' articles.

   You can contact us at