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|
|Oil & Gas export revenue||35.4||$bn|
15 Sep, 2023
Output ramp up at Southwest Gas Project Phase-2 fields has boosted Algeria’s gas exports to their highest level since 2016 with Italy volumes set to break record highs.
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