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Algeria has planned several new refineries in recent years. But progress is scant. It now has a new plan, but the latest vision provides more questions than answers.
Algeria’s Energy Ministry says that it wants to expand its refining capacity to meet domestic demand growth and produce oil products in line with European standards. Demand grew by 7.4% in 2014 and strong growth is expected to continue with Algiers insisting that it will not cut oil product subsidies (MEES, 3 July).
Algeria’s total oil products output averaged 651,000 b/d in 2014 – comfortably above total domestic demand of 391,000 b/d. But the data for gasoline and diesel makes for less comfortable reading. State firm Sonatrach has had to import both gasoline and diesel since 2011, with volumes reaching a peak of 39,000 b/d and 53,000 b/d respectively in 2013 (see charts). (CONTINUED - 637 WORDS)
DATA INSIDE THIS ARTICLE
|table||Algeria’S ‘Beyond 2020’ Refining Plan|