Oil production averaged 76,000 b/d falling to 72,000 b/d in 2000, but
busy exploration activities are making discoveries and new exploration
agreements have been signed over recent months. With sufficient
further investment in exploration and development the level of
production should start to show a rise. At present Tunisia has over
300 million barrels in proven oil reserves and is planning $400
million worth of new oil and gas projects over the next few years.
Tunisia also boasts 2.8 trillion cubic feet (tcf) of proven natural
gas reserves, and produced 67 billion cubic feet (bcf) of natural gas
in 1998. Construction work on a new oil pipeline linking the Sidi el
Kilani oilfield and the oil terminal of Skhira is taking place in the
near future, while another gas pipeline aiming to link Libya and
Tunisia is due for completion by 2003. The latter will transport
Libyan gas supplies to Tunisia.
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