Country Report
Algeria upstream summary
Report summary
Algeria is the largest gas, and third largest oil producer in Africa. It is a member of OPEC and of the Gas Exporting Countries Forum. Oil production is in decline but the country's gas production has seen a revival since 2021, underpinned by the development of new green field projects. Algeria is a major gas exporter to Europe. It has three export pipelines: TransMed to Italy and the Gazdouc Maghreb Europe (GME) and Medgaz pipelines to Spain. Algeria did not renew a key long-term ...
Table of contents
- Executive summary
- Key facts
- Location maps
-
Key companies
- The National Oil Company
-
Geology
-
Introduction
- Sahara Platform
- North Algeria
-
Sahara Platform
- Sahara Basin
- Illizi-Ghadames Basin
- Oued Mya Basin
- Gourara Basin
- Bechar Basin
- Reggane Basin
- Tindouf Basin
- Taoudenni Basin
-
Northern Algeria
- Atlas Basin
- Algerian Sea Basin
-
Introduction
-
Exploration
-
Licensing
- Licensing rounds (2008 - Present)
- Licensing rounds (2001-2005)
- Ad hoc awards (1995-2001)
- Early licensing rounds (1992-1994)
-
Drilling
- Drilling activity
-
Licensing
- Reserves and resources
-
Production
- Gas
- Gas exports
-
Infrastructure
- Introduction
- Oil infrastructure
-
Refining
- Current refineries
- Hassi Messaoud (1962)
- Algiers (1964)
- Arzew (1972)
- Skikda (1980)
- Adrar/Sbaa basin Integrated Refinery Project (2007)
- Planned refineries (Hassi Messaoud)
- International refineries (Augusta)
- Gas infrastructure
-
Costs
-
Capital costs
- Capital expenditure by location
-
Operating costs
- Operating expenditure by location
-
Capital costs
-
Policy and regulation
- Key legislation
- 2019 Hydrocarbon Law (19-13)
- 2013 Amendment
- 2006 Amendment
- 2005 Hydrocarbon Law (05-07)
- 1991 Amendment
- 1986 Hydrocarbon Law (86-14)
- Regulatory body
- State oil company
- State participation
-
Licensing
- Production sharing contracts
-
Fiscal terms
- Current fiscal terms
- Overview: Upstream
-
Overview: Mid/Downstream
- Pipelines
- Gas utilisation
- 2019 Law - PSC, RSC and concession contracts
-
State equity participation
- Participation rate
- Carry & reimbursement
-
Bonuses, rentals and fees
- Signature bonuses
- Production bonuses
- Area rentals/Surface tax
- Training fees
- VAT/Sales tax and other indirect taxes
- Import and export duties
- Social development levies
-
Royalty and other production taxes
- Royalty
- Environmental / CO2 taxes
- Transfer of historic costs
-
Product pricing
- Liquids reference prices
- Natural gas reference prices
- Petroleum income tax
- Tax on foreign contractor renumeration (CIT)
-
2005 Law with 2013 Amendments - Concession contracts
- Cases
-
State equity participation
- Participation rate
- Carry & reimbursement
-
Bonuses, rentals and fees
- Signature bonuses
- Production bonuses
- Area rentals/Surface tax
- Training fees
- Historic costs (prior to licence award)
- Indirect taxes
- Import duties
- Social development levies
-
Royalty and other production taxes
- Royalty
- Environmental / Water / CO2 taxes
- Domestic Market Obligation (DMO)
-
Product pricing
- Liquids reference prices
- Natural gas reference prices
-
Petroleum income tax
- For contracts commencing prior to 23 February 2013 (but under the 2005 Law)
- For contracts commencing from 23 February 2013 (but under the 2005 Law)
- Investment uplift against petroleum income tax
- Corporate income tax
- 1986 Law - Production Sharing Contracts (PSCs)
-
State equity participation
- Participation rate
- Carry & reimbursement
-
Bonuses, rentals and fees
- Signature bonuses
- Production bonuses
- Area rentals
- Training fees
- Other bonuses and fees
- VAT / Sales taxes and other indirect taxation
- Import and export duties
- Social development levies
-
Royalty and other production taxes
- Royalty
- Environmental / CO2 taxes
- Domestic Market Obligation (DMO)
- Contractor revenue entitlement
-
Product pricing
- Liquids pricing
- Natural gas pricing
-
Cost recovery
- Cost recovery ceiling
- Recoverable costs
- Investment uplift/credit
-
Profit sharing
- Corporate income tax
- Windfall profits tax
- Fiscal/Contractual ring-fences
- Dividend withholding tax
- 1986 Law - Risk Service Contracts (RSCs)
-
State equity participation
- Participation rate
- Carry & reimbursement
-
Bonuses, rentals and fees
- Signature bonuses
- Production bonuses
- Area rentals
- Training fees
- VAT / Sales and other indirect taxes
- Import and export duties
- Social development levies
-
Royalty and other production taxes
- Royalty
- Environmental / Water / CO2 taxes
- Domestic Market Obligation (DMO)
-
Product pricing
- Liquids pricing
- Natural gas pricing
-
Corporate income tax
- Fiscal/Contractual Ring-Fences
- Dividend withholding tax
Tables and charts
This report includes 38 images and tables including:
- Key facts: Table 1
- Country map
- Reserves and resources: Table 1
- Oil, Other Liquids and Gas Reserves
- Liquids - oil, LPG and condensate
- Production: Table 2
- Liquids Production (1965 - 2030)
- Reserves and contingent resources at 01/01/2024
- Liquids and Gas Production 2023
- Production: Table 3
- Production: Table 4
- Gas Production by Development Status
- Algeria infrastructure map
- Infrastructure: Table 1
- Infrastructure: Table 2
- Infrastructure: Table 3
- Fiscal terms: Table 2
- Fiscal terms: Table 3
- Fiscal terms: Table 11
- Fiscal terms: Table 12
- Fiscal terms: Table 13
- Fiscal terms: Table 14
- Geological basin map
- Berkine Basin stratigraphic column
- Costs: Table 1
- Costs: Table 2
- Costs: Table 3
- Costs: Table 4
- Concession contract zones (2005 Law)
- Fiscal terms: Table 1
- Fiscal terms: Table 4
- Fiscal terms: Table 5
- Fiscal terms: Table 6
- Fiscal terms: Table 7
- Fiscal terms: Table 8
- Fiscal terms: Table 9
- Fiscal terms: Table 10
- Fiscal terms: Table 15
What's included
This report contains:
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