Profit before tax
Main Business Activities
- Upstream and Integrated Gas
Shell has been present in Tunisia for almost 90 years. In 2011, Shell sold its downstream business but continued its upstream exploration. When Shell acquired BG Group in 2016, we became the owner of producing offshore gas fields and their supporting facilities, a liquefied petroleum gas extraction plant, pipelines, storage, and export terminals.
Country Financial Analysis
In 2020, the statutory corporate income tax rate in Tunisia was 10% to 35%, with an additional 1% social solidarity contribution. A tax rate of 40% to 50% applied to Shell’s upstream operations. Shell’s revenue and loss figures reflected lower hydrocarbon prices and asset impairments. The taxable income of each concession and legal entity is determined separately under Tunisian law.