DayFR Euro

Tunisia running out of oil and gas: what alternatives for its energy future?

The energy independence rate, which represents the ratio of primary energy resources to primary consumption, stood at 42% at the end of August 2024 compared to 49% at the end of August 2023, according to the report on the energy situation for August 2024, published by the National Energy and Mines Observatory.

Whereas, without accounting for the fee, the energy independence rate would be limited to 31% at the end of August 2024 compared to 38% during the same period of 2023.

The primary energy balance shows, at the end of August 2024, a deficit of 3.6 million tonnes of oil equivalent (Mtoe), thus recording an increase of 14% compared to the same period 2023, taking into account the fee.

“The decline in Tunisia’s energy independence is a wake-up call for our economy.”

According to the observatory, primary energy resources stood at 2.6 Mtoe at the end of August 2024, thus recording a drop of 15% compared to the same period of the previous year.

This decline is mainly due to the reduction in national production of crude oil and natural gas.

Primary energy resources remain dominated by national production of oil and gas, which both account for 69% of total primary energy resources, according to the report on the energy situation for August 2024, published by the National Energy and Mines Observatory.

“Tunisia’s energy future involves the development of renewable energies.”

The share of renewable electricity (STEG and private production and self-production) represents 2% of primary resources. It should be noted that the royalty on the transit of Algerian gas recorded a drop of 4% at the end of August 2024 compared to the end of August 2023.

For primary energy demand, it recorded virtual stability between the end of August 2023 and the end of August 2024. In fact, the demand for natural gas decreased by 2% and that of petroleum products, on the other hand, recorded an increase of 2%.

“Dependence on energy imports threatens the country’s economic stability.”

It should be noted that demand for natural gas decreased by 2% following the limitation of purchases of Algerian gas. And to meet and cover the entire national demand for electricity, STEG has moved towards importing electricity.

The structure of primary energy demand has thus recorded a slight change. Indeed, the share of demand for petroleum products increased from 48% at the end of August 2023 to 49% during the same period of 2024. Natural gas, on the other hand, increased from 51% at the end of August 2023 to 50% at the end of August 2023. end of August 2024.

-

Related News :