Tunisia's Ministry of Industry, Mines and Energy has stated that there are currently no plans to list Trapsa, the country's oil pipeline company, on the stock exchange. According to the ministry, this option is not being considered due to the company's strategic nature and the need to maintain public service continuity and supply security. This response was given to a written question from MP Fatma Mesdi regarding the company's activities, governance, and impact on the country's energy and financial security.
The Ministry's response was provided in a written letter from the Minister of Equipment and Housing, who is currently in charge of the Industry Ministry. The letter was sent to the President of the Assembly of People's Representatives. In it, the Ministry emphasized that Trapsa operates under the terms of a 1958 Tunisian-French agreement and the 1985 Law No. 111. As a result, the company is classified as a public establishment of type "A".
Trapsa's main activities include the transportation, storage, and loading of crude oil, as well as providing certain petroleum and maritime services. The company's operations are crucial to Tunisia's energy sector. The Ministry's statement aims to clarify the current status of Trapsa and address concerns about its potential listing on the stock exchange.
The Industry Ministry's announcement comes at a time when Tunisia is focusing on its economic development. Recently, the World Bank raised its growth forecast for Africa to 4.3% in 2026. This upward revision reflects the continent's economic prospects. Separately, Tunisia has been actively participating in the African Continental Free Trade Area, with over 400 commercial operations reported.
In addition to its economic initiatives, Tunisia has been working to enhance its industrial sector. The Agency for the Promotion of Industry and Innovation recently approved the initial findings of a study on the country's electronics industry. This study aims to identify opportunities for growth and development in the sector.
The Tunisian government has been taking steps to boost its economy, including promoting e-commerce and expanding trade with other African countries. The country's participation in the African Continental Free Trade Area is expected to increase trade and investment opportunities.
The Industry Ministry's statement on Trapsa's status provides clarity on the company's future plans. With no immediate plans for a stock listing, Trapsa will continue to operate as a public establishment, focusing on its core activities in the oil and gas sector.
Key points
- No plans to list Trapsa on stock exchange due to strategic nature and need for public service continuity.
