North Africa
Algeria
Algeria is flying high again following the rise in energy prices after years of struggling to balance its books. More upstream investment is desperately needed but far from clear that the new Oil Law will do the trick.
State of Play
Algeria's chronic economic problems are rooted in an overwhelming reliance on stagnating oil and gas output. While higher energy prices are providing much-needed financial relief, this could also stymie economic diversification efforts.
2021 In Numbers
| Crude Output | 0.911 | mn b/d |
| Crude Exports | 0.373 | mn b/d |
| Condensate Exports | 0.257 | mn b/d |
| Gas Output | 102.8 | bcm |
| Gas Exports | 54.1 | bcm |
| Oil & Gas export revenue | 35.4 | $bn |
15 Sep, 2023
Featured
Algeria: Key Gas Field Start-Ups Boost Exports To 7-Year High
Output ramp up at Southwest Gas Project Phase-2 fields has boosted Algeria’s gas exports to their highest level since 2016 with Italy volumes set to break record highs.
Algeria’s Key Oil And Gas Infrastructure
NEWS IN BRIEF
Algeria: New Desalination Capacity
7 Jul, 2023
Algeria Desal: Slow Progress
23 Jun, 2023
Algeria Finalizes Petchems EPC
16 Jun, 2023
Algeria: Touat Restart Setback
12 May, 2023
Wintershall: Russia Out, North Africa In
24 Feb, 2023
Algeria-Italy Pipeline Deal
13 Jan, 2023
Italy’s Eni To Buy Neptune Energy?
2 Dec, 2022
SELECTED DATA
1: An Eni Takeover Of BP's Algeria Assets Would Boost Its Net Liquids Output By A Quarter Based On 2020 Production Levels...
2: ...While The Addition Of BP’s Gas Output Could Double Eni’s Net Gas Take From Algeria
Algeria’s 1H 2021 Natural Gas Exports Were The Highest In A Decade (bcm)
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