RE:Video from a tunisianI just wasted an hour of my life watching this video.
This guy has done a lot of research looking up documents, but completely missed the boat when it comes to the PSC terms of DXE's contract. If you understand French, just skip to the end (around the 51 minute mark) for the "analysis".
In a nutshell, this guy believes that DXE's 100% working interest (now split 52.5/47.5 with NFK) means that DXE gets 100% of the profit during the term of the contract. [WRONG]
He further goes on to point out that 80% of the reserves at SLK were tapped within the first 8 years of operation. [OK]
He therefore reasons that because DXE has a 3-year contract with two renewable 3-year terms, that means DXE could potentially walk off with $100-300 billion worth of Tunisian oil before all of the renewals are completed, leaving Tunisians with nothing. [WRONG]
As has been posted many times, here are the PSC terms, as per NFK's website:
https://africahydrocarbons.com/projects/psc-terms-%E2%80%93-l
The Tunisian government gets the bulk of the profit.
irisvert, thanks for wasting an hour of my life.