Shell Could Leave Tunisia in 2022

Operator may hand back lease concessions early.

Map of Tunisia.

Shell informed Tunisian authorities in May it will hand back upstream concessions and leave the country next year as it turns its focus to renewable energy, according to a Reuters report sourcing a senior official in the country’s energy ministry. The license in question is the Miskar concession in the southern city of Gabes. The operator has also requested the early hand-back of the Asdrubal permit, which expires in 2035.

Recent reports suggest the operator may be looking for the Tunisian government to extend its permit on the field under more favorable terms ahead of its planned departure.