Tunisia is trying to encourage exploration by reforming its incentives, simplifying permitting and de-risking offshore acreage. However, since the 2011 revolution the country has required IOCs to obtain parliamentary approval before carrying out exploration. This is slowing the permitting process, Mohamed Ali Khelil, director of central strategy and development at Tunisian NOC ETAP, told Interfax Natural Gas Daily.
Interfax Natural Gas Daily: What has been the effect of the post-revolution rules on exploration?
Mohamed Ali Khelil: ETAP and the department of energy [are responsible for assessing applications],...
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