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|
26 Feb, 2021
After just eight months on the job, ‘oil man’ Abdelmadjid Attar has been replaced as energy minister by his predecessor ‘the electrician’ Mohamed Arkab.
2 Apr, 2021
26 Mar, 2021
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6 Nov, 2020
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