Energy in Algeria

Total energy supply 2021[1]

  Coal (0.45%)
  Oil (33.54%)
  Biofuels and Waste (0.0038%)
  Natural gas (65.96%)
  Wind, Solar, etc. (0.087%)
  Hydro (0.0015%)

Energy in Algeria encompasses the production, consumption, and import of energy. As of 2009, the primary energy use in Algeria was 462 TWh, with a per capita consumption of 13 TWh.[2] Algeria is a significant producer and exporter of oil and gas and has been a member of the Organization of the Petroleum Exporting Countries (OPEC) since 1969.[3] It also participates in the OPEC+ agreement, collaborating with non-OPEC oil-producing nations. Historically, the country has relied heavily on fossil fuels, which are heavily subsidized and constitute the majority of its energy consumption. In response to global energy trends, Algeria updated its Renewable Energy and Energy Efficiency Development Plan in 2015, aiming for significant advancements by 2030. This plan promotes the deployment of large-scale renewable technologies, such as solar photovoltaic systems and onshore wind installations, supported by various incentive measures.

In a strategic move to further develop its energy sector, the Algerian government announced in 2023 plans to offer at least 10 exploration blocks in its first upstream bidding round since 2014, signaling a proactive approach to expanding its oil and gas exploration efforts.[4][3] Complementing this initiative, Algeria has intensified its exploration efforts, resulting in eight significant discoveries this year alone. The country aims to increase its natural gas production from the current 137 billion cubic meters (Bcm) to 200 Bcm per year in the short to medium term.[5] As of 2024, Algeria is producing approximately 900,000 barrels of oil per day, aligning with its OPEC+ production target. Amid ongoing reviews of crude oil output capacities by OPEC+, Algeria has confidently projected that it will reach a production capacity of 1.155 million barrels per day by 2025.[6]

  1. ^ "Algeria - Countries & Regions". IEA. Retrieved 2024-05-21.
  2. ^ IEA Key energy statistics 2011 Archived 2011-10-27 at the Wayback Machine Page: Country specific indicator numbers from page 48
  3. ^ a b "International - U.S. Energy Information Administration (EIA)". www.eia.gov. Retrieved 2024-05-20.
  4. ^ "Algeria - Countries & Regions". IEA. Retrieved 2024-05-20.
  5. ^ Cite error: The named reference :5 was invoked but never defined (see the help page).
  6. ^ "Algeria Confident of Hitting Oil Capacity Target". Energy Intelligence. 2024-05-17. Retrieved 2024-05-25.