Tunisia's mining industry ranks below average (Resource Governance Index 2017) | Tunisia News Gazette

Tunisia’s mining industry ranks below average (Resource Governance Index 2017)

Tunisia’s mining industry ranks below the average with a score of 46 out of 100 points, placing it 48th among 89 assessments in the overall ranking, according to the Resource Governance Index 2017 established by the Natural Resource Governance Institute (NRGI)

At a press conference held in Tunis on Tuesday to discuss this index which assesses the governance of oil, gas and mining in 81 countries, NRGI official Wissem Heni explained the weak performance of the sector by the lack of information required by international transparency standards regarding the day-to-day practices of mining companies as well as legal and institutional frameworks.

The results of the index pointed out a modest performance in the mining industry in terms of achieving value as a measure of the country’s ability to achieve value from its natural resources.

It also refers to the lack of transparency in the licensing process and the disclosure of environmental and social impact assessments.

Unlike the mining sector, the oil and gas sector ranked 26th out of 89 assessments and ranked first in the Middle East and North African (MENA) region, despite disruptions in oil production in southern Tunisia.

According to the same index, the performance of Tunisia’s oil and gas sector is a little better than the mining sector and scores 56 out of 100 points.

The results of the index highlighted the possibility of improving the governance of Tunisia’s extractive activities in terms of transparency, especially since Tunisia’s constitution refers to the Tunisian people as the owner of all resources.

Heni explained the improvement in the governance of the oil and gas sector by the creation of an electronic portal and disseminating all oil contracts and data related to this sector, underlining that Tunisia is the only Arab country that has disseminated all this complete data.

He added that despite the Energy Ministry’s efforts, the institute registered gaps, calling for setting up mechanisms to ensure co-ordination between the various ministries as well as the rest of the sector’s stakeholders.

Source: TAP News Agency

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