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.
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 |
12 Aug, 2022
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Algeria’s Sonatrach is revitalizing LNG export facilities at Skikda to allow the loading of larger tankers giving it the ability to tap long-haul markets.
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