Re energy fze Tunisia

What is the energy situation in Tunisia?

The energy situation in Tunisia is marked by limited resources, a decrease in production and a sharp increase in demand. The gap between energy generation and national demand in hydrocarbons has created a deficit in the primary energy balance, which reached 49% in 2018, against 15% in 2010.

What challenges does the Tunisian energy sector face?

The Tunisian energy sector is facing strategical, economical, social and environmental challenges. Energy sourcing, particularly in the power sector, relies heavily on natural gas (97% of total power generation), of which 50% is imported from neighboring Algeria, given the limited available national resources.

Is Tunisia a sustainable country?

In 2017, Tunisia ranked 21st in the World Bank's ranking of public policies in the field of sustainable energy (RISE). It gained 44 spots compared to the 2016 ranking, and therefore joined the group of high-yield countries. Tunisia is one of the only African and Middle Eastern countries in high-yield energy efficiency countries.

When did Tunisia start producing power?

Introduction of independent power The Tunisian State and the PSEG, Sithe and Marubeni Carthage Power Company (471 MW) was producers to the market, and granting Consortium signed the first power generation commissioned in May 2002, with a 20 year them concessions to produce and sell concession agreement. It is the first, and so far the PPA contract.

Who is Ree fertilizer & petrochemicals?

REE is UAE based with associate offices in India, Hong Kong and Canada specializing in physical bulk-trading of finished fertilizers, fertilizer raw materials and petrochemicals. The company provides much needed value chain from producers’ to receivers.