Middle East / Africa

Algeria flag
Summary | Profile

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

12 Jun 24
Algeria: Viridien awarded large seismic imaging project in Algeria by Groupement Berkine
Viridien, formerly CGG, has been selected by Groupement Berkine; a joint venture between Sonatrach, Occidental Petroleum, and other international partners, to perform the seismic imaging of a 3,400 sq km high-density onshore data set currently being acquired over blocks B404a and B208 of the Berkine Basin in Eastern Algeria.
23 May 24
Algeria: Baker Hughes to support strategic gas project in Algeria to enhance Italy, Europe’s energy security
Baker Hughes has been awarded a major contract from SONATRACH for a gas-boosting project for the Hassi R’Mel gas field in Algeria. The contract is part of a broader order awarded to a consortium between Baker Hughes and Tecnimont, part of technology and engineering group MAIRE.
08 Apr 24
Algeria: TotalEnergies expands its partnership with SONATRACH in Timimoun region and in the marketing of LNG
TotalEnergies and SONATRACH have signed a Memorandum of Understanding with the aim of concluding a hydrocarbon contract in the north-east Timimoun region. The MoU outlines a work program for the appraisal and development of gas resources in the North-East Timimoun region, in synergy with existing processing facilities for production from the Timimoun field, to reduce costs and emissions.
16 Oct 23
Algeria: Edison completes the sale of its stake in the Reggane Nord licence in Algeria to Repsol and Wintershall Dea
Edison has announced that, following the approval by the Algerian authorities of the agreements signed on May 4 and June 29, 2022, it has completed the sale of its 11.25% stake in the Reggane Nord licence, in Algeria, to Repsol (6.75%) and Wintershall Dea (4.50%). The Reggane Nord field produces gas entirely sold to Sonatrach on a long-term basis.
12 Oct 23
Algeria: Eni meets with SONATRACH to discuss gas production and export, investments in the country and energy transition initiatives
Eni met the Minister of Energy and Mines of Algeria, Mohamed Arkab, and the newly appointed CEO of SONATRACH, Rachid Hachichi, in Algiers to discuss gas production and export, investments in the country and energy transition initiatives. Eni and SONATRACH shared the joint programs for the development of Eni’s operated gas production, as well as gas and LNG export to Europe.

Algeria - more news

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