How can Algeria reduce consumption of fossil fuels and develop sources of renewable energy?
Algeria Energy
Displaying 73 - 78 of 80
Interviews & Viewpoints | OBG talks to Youcef Yousfi, Minister of Energy and Mines from The Report: Algeria 2012
Articles & Analysis | A rich vein: Developing mineral resources in conjunction with international partners from The Report: Algeria 2012
Although it is well known as a major player in the global oil and gas industry, it is Algeria’s mining sector that is now in the spotlight, with the country expected to benefit from recent legislative and regulatory changes, as well as increasing government backing. Mining has long been considered an important basis for industrial development and is...
Articles & Analysis | Added momentum: Legal changes should boost foreign interest, while development of shale and renewables is in the works from The Report: Algeria 2012
Given its substantial oil and gas reserves, Algeria has maintained its position as a major global player in the hydrocarbons sector. Of all the oil exporters in the world, Algeria ranks 16th, with most of its oil heading to the US and Europe. Algeria is the fourth-largest crude oil producer in Africa, with an estimated 12.2bn barrels of proven...
Algeria is ranked the fourth-largest producer of crude oil in Africa, with an estimated 12.2bn barrels of proven reserves as of January 2012. The country was also estimated to have 159trn cu feet (tcf) of proven natural gas reserves as of January 2012 and produced 2.83 tcf of natural gas in 2010. Given its substantial reserves, Algeria has maintained its position as a major global player in the...
Oil and gas production continues to dominate the Algerian economy, accounting for almost all of exports, close to half of government revenue and over a third of GDP. In recent years non-hydrocarbons GDP has outstripped wider economic growth, though this is largely driven by public spending rather than private sector activity.
En dépit des difficultés de l’Algérie à susciter l’intérêt lors d’enchères récentes, le potentiel en gisement de gaz de schiste va augmenter l’attrait déjà important du pays, en particulier si les révisions envisagées pour la loi sur les hydrocarbures sont adoptées.