While Tunisia has far fewer oil and gas reserves than its neighbours, it was not until the late 1990s and early 2000s that the country’s demand began surpassing domestic production. It was then that Tunisia became dependent on foreign energy imports, and began diversifying its energy mix through renewables and efficiency campaigns to curb consumption. Local authorities are now looking to revise Tunisia’s hydrocarbons code and further promote foreign investment in the country’s relatively small oil and gas industry, especially given the low lifting and breakeven costs. Nevertheless, developing local energy production through renewables and domestic oil and gas requires a number of reforms that have proven challenging to implement against the backdrop of post-revolutionary governmental and economic uncertainties.
This chapter contains an interview with Saïd Mazigh, General Manager, Carthage Power Company.