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

Geopolitical Risk

12 Aug, 2022

Featured

Algeria Eyes Greater LNG Market Access With Skikda Port Expansion

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.

Algeria’s LNG Exports (mn tons) Remain Well Under Stated Capacity Of 25.5mn t/y

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NEWS IN BRIEF

Algeria: Gas & Oil Finds

29 Jul, 2022

Morocco Restarts CCGT Plants

8 Jul, 2022

Algeria’s Reggane: Repsol Expands

1 Jul, 2022

Algeria Extends 1GW Solar Tender, Again

17 Jun, 2022

Algeria And Italy Eye Interconnection

27 May, 2022

Eni Seeks More Algerian Gas

27 May, 2022

Algeria: Neptune Plans Touat Gas Restart

13 May, 2022

BHP Quits Algeria’s Rod

29 Apr, 2022

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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