Algeria's chronic economic problems are rooted in an overwhelming reliance on declining oil and gas output. This may fuel political instability for years to come unless the government offers IOCs the incentive to boost investment.
|Crude Output||0.899||mn b/d|
|Crude Exports||0.36||mn b/d|
|Condensate Exports||0.25||mn b/d|
|Oil & Gas export revenue||20.2||$bn|
7 Jan, 2022
Algeria’s gas exports made an incredible turnaround in 2021 on the back of a boost in output. Hydrocarbon export revenues leapt by 70% despite lower oil volumes.
29 Oct, 2021
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27 Aug, 2021
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30 Jul, 2021
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