Tunisia oil output is down 10% year-on-year. A modest exploration uptick and a, not unlinked, key gas project holds out some prospect of a gas recovery.

Tunisia’s crude output averaged just 39,800 b/d for the first four months of 2018, little more than 40% of the country’s 95,000 b/d demand. Whilst output was slightly higher than the average figure for 2017 this was only ‘thanks’ to the massive series of strikes and sit-ins which crippled output last summer (MEES, 2...