The Ministry of Industry, Mines, and Energy in Tunisia has stated that there are currently no plans to list Trapesa, the national oil pipeline company, on the stock exchange. This decision was made due to the company's strategic importance and the need to maintain the continuity of public services and supply security. The announcement was made in response to a written question from MP Fatma Mesdi regarding the company's activities, governance, and impact on the country's energy and financial security.
Trapesa is a public company established under the Tunisian-French agreement of June 30, 1958, and is classified as a public establishment of type "A". The company's main activities include the transportation, storage, and loading of crude oil, as well as providing petroleum and maritime services. Trapesa's operations are based on a set of agreements and contracts related to the transportation, storage, and loading of petroleum products and the exploitation of port facilities.
The company's tariffs are reviewed periodically, either annually or every three years, in line with economic indicators and operating costs. In recent years, Trapesa has updated some of its contracts to improve operating conditions and enhance operational efficiency. The Ministry emphasized that Trapesa is subject to the control of specialized public oversight bodies.
As part of the 2026-2030 development plan, Trapesa has programmed several projects to upgrade and modernize its infrastructure and petroleum installations. These projects include the maintenance of pipelines and storage equipment, the construction of two new basins with capacities of 35,000 and 5,000 cubic meters, and the maintenance of maritime equipment.
The Ministry also stated that it is working to continue updating Trapesa's transportation and storage system, enhance governance and control mechanisms, and develop storage capacity and maritime services. The company is subject to the control of specialized public oversight bodies.
Trapesa plays a crucial role in Tunisia's energy sector, and its activities have a significant impact on the country's energy and financial security. The company's strategic importance and the need to maintain public service continuity and supply security were cited as reasons for not listing it on the stock exchange.
The Ministry's decision to rule out listing Trapesa on the stock exchange reflects the government's cautious approach to managing strategic public assets. The move is expected to ensure the continued stability and security of Tunisia's energy supply.
Key points
- The Tunisian Ministry of Industry, Mines, and Energy has ruled out listing Trapesa, the national oil pipeline company, on the stock exchange due to its strategic importance.
- Trapesa is a public company established under the Tunisian-French agreement of June 30, 1958, and is classified as a public establishment of type "A".
- The company is subject to the control of specialized public oversight bodies.
