Algeria is the second largest producer in North Africa behind Libya. Oil/NGL production capacity for the country is expected to recover somewhat in the near term from around 1.63 million b/d in 2011 (including 0.46 million b/d of condensate/NGL) to around 1.68 million b/d in 2013, due to the development of the El Merk field. However, without fresh exploration successes and/or major new field redevelopment projects beyond those already envisaged, production is likely to continue to decline...
Volatility in oil markets has led players in the upstream oil and gas industry to focus on reducing capital spend and operating costs. At the same time, governments need to review fiscal terms to maintain attractiveness and investment.
This country report gives an overview of the key upstream supply issues for this country. If you’re interested in identifying and assessing upstream investment and expansion opportunities, this upstream supply report is your definitive commercial guide.
Potential investors, governments and companies in the oil and gas sector can use it to gain a better understanding of the critical issues for development opportunities in this country.
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Country report | Jan 2014
Algeria oil supply summary
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