The country boasts the fourth-largest oil reserves and second-largest natural gas reserves in Africa, but production has declined in the last decade as existing fields mature. Changes to the regulatory framework in recent years have resulted in tighter capital inflows, but the government is working to encourage new investment and exploration to bolster production, including a long-awaited...
Algeria Energy
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In many ways, Algeria finds itself in an enviable economic position, particularly when compared with its regional neighbours. It holds the fourth-largest oil reserves and the second-largest natural gas reserves in Africa. Ample hydrocarbons revenue has allowed the government to channel capital into public expenditure programmes on infrastructure, health care, education, social housing and subsidies.
Ces dernières années, l’Algérie a enregistré des performances économiques relativement solides. Le FMI a toutefois fait remarquer que la chute des prix du pétrole pourrait peser sur les performances à court terme, rappelant le rôle prépondérant que le secteur des hydrocarbures continue de jouer sur la croissance.
Economic update | Retour de la production algérienne en pleine hausse de la consommation
17 Mar 2014
L’Algérie a lancé un nouvel appel d’offres combinant pétrole et gaz dans l’espoir de redynamiser les activités d’exploration face aux préoccupations suscitées par l’inadéquation entre production stagnante et demande intérieure à la hausse.
Articles & Analysis | The prodigal sun: Renewables have huge potential for domestic use, and possibly export from The Report: Algeria 2013
With electricity consumption rising inexorably, power production almost entirely gas-based and Algeria’s leadership increasingly conscious of the need to husband exportable gas resources, the country is placing ever-greater hopes on renewable sources of energy. This is particularly the case as a means of feeding domestic demand for electricity, but...
Interviews & Viewpoints | OBG talks to Touffik Fredj, President & CEO for North-west Africa, General Electric (GE) from The Report: Algeria 2013
How much potential is there for the development of smart grids, and how can it be encouraged?