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 |
| Gas Output | 92 | bcm |
| Gas Exports | 53.3 | bcm |
| LNG Exports | 9.4 | mn tons |
| Oil & Gas export revenue | 38.3 | $bn |
18 Oct, 2019
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Algeria’s embattled government is pushing on with a new oil law. Even if it passes, the country will still need to somehow overhaul its crippling bureaucracy.
20 Sep, 2019
13 Sep, 2019
13 Sep, 2019
13 Sep, 2019
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