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 |
3 Mar, 2023
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In buying BP’s Algeria assets and investing more in the upstream, Eni says it is committed to further expanding its Algeria oil and gas output.
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