North Africa
Algeria
Algeria is tentatively trying to open its long-sclerotic economy to foreign investment in a bid to both bolster stalling oil and gas output and to kickstart a renewables sector.
State of Play
Algeria's economy remains overwhelmingly reliant on oil and gas export revenues despite halting attempts at diversification. With domestic consumption on the rise, export volumes and with them revenues are under threat.
2024 In Numbers
| Crude Output | 910,000 | b/d |
| Crude Exports | 400,000 | b/d |
| NGLs/Condensate output | 460,000 | b/d |
| Gas Output | 98 | bcm |
| Gas Exports | 48 | bcm |
Refining & Petrochemicals
7 Mar, 2025
Featured
Sinopec-Algeria: Exploration Deal As Work Starts On Refinery
China’s Sinopec will spend $850mn upstream on the new Hassi Berkane North block and is joining Sonatrach and Spain’s TR in building a new Hassi Messaoud refinery.
Algeria’s Berkine Basin Oil Heartland
NEWS IN BRIEF
Algeria Breaks Ground On 80MW Solar
21 Mar, 2025
Algeria: Alrar Restart
21 Feb, 2025
Algeria ‘Launches’ $2.3bn HRM Boosting
6 Dec, 2024
Algeria: Record Oil Demand
29 Nov, 2024
Algeria’s Tebboune: 5 More Years
13 Sep, 2024
Algeria’s Hassi Messaoud Refinery: Progress At Last?
23 Aug, 2024
Algeria Gas Compression Award
23 Aug, 2024
Algeria-Italy Power MoU
2 Aug, 2024
SELECTED DATA
Algeria Gas Exports Slumped 21% Y-O-Y To Just 11.3bcm For Q3, The Lowest Since 2020’s Covid-Induced Demand Slump (bcm)
Algeria’s Gas Exports Fall 7% To 4-Year Low 36.2bcm For 9m 2024 (Bcm)
Algeria’s LNG Exports Are Down 11% From 2023’s Record Levels (mn tons)
Get Our Headlines Weekly
Keep abreast with current events with our weekly headlines.
You’ll also be notified of our free articles & maps.
By signing up, you agree to receive promotional emails. You can unsubscribe at any time. For more information, read our privacy statement.