How is Algeria diversifying its energy sector?

Algeria is progressing with its strategy to diversify its energy sector, with a focus on a balanced mix of renewable energy, green hydrogen and traditional oil and gas development.

Is Algeria a key supplier of gas to the global market?

A renewed focus on unconventional gas reserves – reflected through recent MoUs signed with energy majors ExxonMobil and Chevron – are set to tap into underexplored basins, while positioning Algeria as a critical supplier of gas to the global market.

What is Algeria's solar power supply chain?

The Algerian solar power supply chain grew significantly in the last decade and now seeks to add IPP development, engineering and design capabilities, EPC services, inverters manufacturing, storage solution manufacturing, universal certification expertise, and operations and maintenance services.

How much is Algeria investing in oil & gas?

In fact, the Algerian government is investing $50 billion in oil and gas projects through 2027, targeting increased production from flagship assets as well as bringing new output online.

Will Algeria build a one-gigawatt solar energy project in 2021?

Towards this end, Algeria launched a tender for a one-gigawatt solar energy project in 2021, comprised of building five power generation sites ranging from 50 to 300 MW each.

Will Algeria unlock new oil & gas potential?

In tandem with Algeria’s push toward renewables, the country aims to unlock new oil and gas potential across six key sites – including M’Zaid, Ahara and Reggane.