As the world’s 15th-largest oil producer and ninth-largest producer of natural gas, Algeria largely relies on its significant hydrocarbons reserves and strong export markets in Europe and the US to drive its economy. In 2012 the country produced almost 1.7m barrels per day of oil and 81.5bn cu metres of natural gas. State-owned Sonatrach controls around 80% of the upstream segment; however,...
Algeria Energy
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Considerable oil and gas revenues have provided the Algerian government with sufficient funds to embark on generous public spending programmes in nearly all sectors, leading to improvements in many of the country’s headline indicators.
Au terme d’un processus de révision qui a duré un an, les amendements apportés au code des hydrocarbures en Algérie ont été publiés en février 2013, offrant de nouveaux avantages aux investisseurs étrangers.
Interviews & Viewpoints | OBG talks to Farid Benhadji, CEO, Manal from The Report: Algeria 2012
Articles & Analysis | Under the sea: Offshore drilling continues to grow from The Report: Algeria 2012
For many, offshore hydrocarbons exploration constitutes perhaps the final oil and gas frontier. Offshore drilling targets deposits trapped beneath the ocean floor – or in some cases beneath inland lakes and seas – which are accessed through wellbores in the seabed. It is the most complex and expensive way of exploiting oil and gas deposits. Wells...
Articles & Analysis | Unconventional thinking: Conditions improve for shale gas exploitation from The Report: Algeria 2012
As an OPEC member and major gas exporter, Algeria has plans to develop its shale gas reserves and offshore production to secure a long-term supply of energy for both exports and the domestic market. In 2012 state-owned energy company Sonatrach began to drill for shale gas in the Ahnet basin, located south of In Salah in the south-west of the country...