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||1.04||mn b/d|
|Crude Exports||0.47||mn b/d|
|Condensate Exports||0.47||mn b/d|
|LNG Exports||9.4||mn tons|
|Oil & Gas export revenue||38.3||$bn|
22 Nov, 2019
Amid falling production and surging demand at home, Algeria’s gas exports have collapsed by 19% this year to the lowest level since 1995. A slew of competing US LNG export projects means there is little chance of higher prices to offset lower volumes.
6 Dec, 2019
29 Nov, 2019
20 Sep, 2019
13 Sep, 2019
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