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

23 Jul 25
Italy/Algeria: Eni and Sonatrach strengthen energy security cooperation
Eni and Sonatrach have signed a memorandum of understanding aimed at strengthening cooperation in the field of hydrocarbons, energy transition and renewable energies, with a focus on energy security and the economic development of the two countries.
21 Jul 25
Algeria: SONATRACH signs a Head Of Agreement with Sinopec regarding potential hydrocarbon agreements in the Gourara and East Berkine basins
SONATRACH and its Chinese partner Sinopec have signed a Head Of Agreement aimed at outlining the framework of cooperation between the parties, with a view to concluding one or several hydrocarbon agreements in the areas of interests located in the Basins of Gourara and East Berkine, and ultimately assess and develop hydrocarbon resources in the relevant zones.
08 Jul 25
Algeria: SONATRACH and Eni sign production sharing contract on the Zemoul El Kbar perimeter
SONATRACH and Eni have signed a production sharing contract to explore and develop the contractual perimeter of Zemoul El Kbar, located in the Berkine Basin some 300 km East of Hassi Messaoud.
07 Jul 25
The President of the Republic of Algeria Abdelmadjid Tebboune meets Eni CEO Claudio Descalzi
The President of the Republic of Algeria Abdelmadjid Tebboune met Eni CEO Claudio Descalzi in Algiers to discuss the company’s activities in the country, including gas production and export, ongoing and future investments, and energy transition initiatives.
18 Jun 25
Algeria: TotalEnergies ganted new exploration license
TotalEnergies, jointly with QatarEnergy, has been awarded the Ahara license following the 'Algeria Bid Round 2024'. Ahara is a large license covering an area of approx. 14,900 sq km, located at the intersection of the prolific Berkine and Illizi Basins.

Algeria - more news

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