Middle East / Africa
Country profile: Algeria
| Location: | Northern Africa, bordering the Mediterranean Sea, between Morocco and Tunisia |
| Climate: | arid to semiarid; mild, wet winters with hot, dry summers along coast; drier with cold winters and hot summers on high plateau; sirocco is a hot, dust/sand-laden wind especially common in summer |
| Terrain: | mostly high plateau and desert; some mountains; narrow, discontinuous coastal plain |
| Size: | 2381740 sq. km total (Land area: 2381740 sq. km ) |
| Population: | 33,769,669 (July 2008 est.) |
| Languages: | Arabic (official), French, Berber dialects |
| Government: | republic |
| Capital city: | Algiers |
| Legal system: | socialist, based on French and Islamic law; judicial review of legislative acts in ad hoc Constitutional Council composed of various public officials, including several Supreme Court justices; has not accepted compulsory ICJ jurisdiction |
| Currency: | Algerian dinar (DZD) |
| Licensing: |
Country profile
Algeria has experienced a significant economic upturn in recent years. In 2006, Algeria’s real gross domestic product (GDP) growth rate was 4.0 percent. Oil and natural gas exports, which made up 98 percent of Algerian exports (by value) in 2006, are the main driver of Algerian economic growth. With continuing investments being made in Algerian oil and gas development, both sectors have potential for increasing production capacity over the next few years.
Energy production and consumption
| Oil | Gas | |
| Production: | 2 million bbl/day (2005 est.) | 84 billion cu m (2005 est.) |
| Consumption: | 250,000 bbl/day (2005 est.) | 21 billion cu m (2005 est.) |
| Exports: | 1 million bbl/day (2004 est.) | 62 billion cu m (2005 est.) |
| Imports: | 12,390 bbl/day (2004 est.) | |
| Reserves: | 14 billion bbl (2007 est.) | 4 trillion cu m (1 January 2006 est.) |
| Major fields: |
Algeria - recent news
| 17 Aug 20 |
Algeria: Wintershall Dea signs MOU with Algeria’s Sonatrach Wintershall Dea has signed a Memorandum of Understanding with Sonatrach, aimed at strengthening cooperation in Algeria. The MOU agrees to explore cooperation possibilities and has a term of two years. |
| 30 Jul 20 |
Algeria: SONATRACH signs MoUs with OMV and CEPSA SONATRACH has signed MoUs with OMV and CEPSA to to jointly invest in exploration, development and production of hydrocarbons in Algeria and internationally. |
| 02 Jul 20 |
Algeria: Neptune Energy announces major milestone for Touat gas facility Neptune Energy has announced a major milestone for the Touat gas facility in Algeria, with day-to-day operations having been formally passed to Groupement Touat Gaz (GTG). |
| 28 Jun 20 |
Algeria: Total and Sonatrach extend their partnership in Liquefied Natural Gas Total and Sonatrach have signed an agreement to renew their partnership in the field of liquefied natural gas (LNG). This agreement notably allows to extend the existing supply contracts for 3 additional years in order to provide 2 million tons per year of Algerian LNG to the French market, primarily through the LNG terminal at Fos Cavaou. |
| 31 May 20 |
Algeria: SONATRACH acquires additional stake in Medgaz pipeline from Spain’s Cepsa SONATRACH has completed a transaction to acquire 19.10% of the shares held by the Spanish company CEPSA in the Medgaz Company, which increases its stake to 51% in the company Medgaz, which manages and operates the offshore gas pipeline directly connecting Algeria to Spain. |
Algeria - more news
Other countries in this region
- Angola,
- Bahrain,
- Benin,
- Botswana,
- Burundi,
- Cameroon,
- Central Africa Republic,
- Chad,
- Comoros,
- Congo (Brazzaville),
- Congo (Democratic Rep.),
- Cote d'Ivoire,
- Djibouti,
- Egypt,
- Equatorial Guinea,
- Eritrea,
- Ethiopia,
- Gabon,
- Gambia,
- Ghana,
- Guinea (Republic),
- Guinea Bissau,
- Iran,
- Iraq,
- Israel,
- Jordan,
- Kenya,
- Kuwait,
- Lebanon,
- Liberia,
- Libya,
- Madagascar,
- Malawi,
- Mali,
- Mauritania,
- Mauritius,
- Morocco,
- Mozambique,
- Namibia,
- Niger,
- Nigeria,
- Oman,
- Palestine,
- Qatar,
- Rwanda,
- Sao Tome,
- Saudi Arabia,
- Senegal,
- Seychelles,
- Sierra Leone,
- Somalia,
- Somaliland,
- South Africa,
- South Sudan,
- Sudan,
- Syria,
- Tanzania,
- Togo,
- Tunisia,
- Uganda,
- United Arab Emirates,
- Western Sahara,
- Yemen,
- Zambia,
- Zimbabwe
