Tunis: A hydrocarbon exploitation concession under the name «Sidi El Kilani» exploitation concession is established for the benefit of the Tunisian Petroleum Activities Company ( French: ETAP), up to 100%, at the request of the Minister of Industry, Mines and Energy of April 3, published on Tuesday in the Official Gazette of the Republic of Tunisia (JORT).
Covering an area of 51 square kilometers, the «Sidi El Kilani» operating concession is granted over a period of twenty years starting from December 25, 2022.
The holder of the exploitation concession is required, during the period of the concession’s validity, to fulfill all the contractual obligations provided for in the specific agreement related to the hydrocarbon exploitation concession known as the «Sidi El Kilani»» exploitation concession.
The Assembly of People’s Representatives (ARP) adopted, on February 21, 2023, in plenary, a bill n°2023/53 adopting the agreement related to the hydrocarbon exploitation concession “Sidi El Kilani” ( in the gover
norate of Mahdia) and its annexes, signed on February 6, 2023 between the Tunisian State and the Tunisian Petroleum Activities Company (ETAP), with 120 votes for and 2 votes against.
The Ministry of Industry, Mines and Energy decided to continue the exploitation of the concession with ETAP, after its expiry, on December 24, 2022, while trying to boost the national hydrocarbon production.
According to economic studies, the net profitability of this concession is estimated at $26.4 million while the volume of extractable production is estimated almost 2.061 million barrels of oil.
Source: Agence Tunis Afrique Presse