Tunisia's Energy Minister Hela Chikhrouhou told reporters sit-ins halted production at energy company Perenco's Baguel and Tarfa fields, which the company website says are joint ventures for gas and condensate output. OMV said last week it had moved around 700 non-essential staff and contractors from its southern Tunisia operations as a precaution. ENI said protests had had no impact on its Tunisian production but it was monitoring the situation. Oil revenues fell from 3 billion Tunisian dinars ($1.24 billion) in 2010 to 1 billion Tunisian dinars in 2016, he said. In the past, Tunisian protesters targeted the state-run phosphate business, where production falls since 2011 caused about $2 billion in losses.

Source: Egypt Independent May 08, 2017 18:11 UTC