For a Business Analysis of Algeria: View the PowerPoint Presentation by Dr. Said Cherkaoui  

Algeria is important to world energy markets because it is a significant oil and gas producer and exporter. Algeria also is a member of OPEC and an important, growing energy source for Europe, Canada and the United States in parallel to be a marketplace for oil oriented foreign direct investments and promising one for capital and consumer goods.

COUNTRY OVERVIEW:

President: Abdelaziz Bouteflika (since April 1999).
Independence: July 5, 1962 (from France).
Population (7/03E): 32.8 million.

Location/Size: North Africa/919,595 sq. miles, more than one-quarter the size of the United States.
Major Cities: Algiers (capital), Constantine, Annaba, Arzew, Skikda, Oran, Ghardaia, Bechar, Ouargla, Touggourt.

Languages: Arabic (official), French, Berber dialects.
Ethnic Groups: Arab (84%), Berber (16%), European (less than 1%).

Religions: Sunni Islam (state religion) 99%, Christianity and Judaism 1%.

ECONOMIC OVERVIEW:

Currency: Algerian Dinar (AD).
Market Exchange Rate (2/17/04E): US$1 = AD 73.7.
Gross Domestic Product (at market exchange rates) (2003E): $71.7 billion.
Gross Domestic Product (at purchasing power parity rates) (2002E): $173.8 billion.
Real GDP Growth Rate (2003E): 7.4% (2004F): 6.4%.
Inflation Rate (consumer prices) (2003E): 2.7% (2004F): 2.4%.
Major Export Products (2002): Petroleum and natural gas.
Major Import Products (2002): Industrial equipment; intermediate goods; food; consumer goods; capital goods.
Merchandise Exports (2003E): $23.9 billion.
Merchandise Imports (2003E): $13.3 billion.
Merchandise Trade Balance (2003E): $10.7 billion.
Current Account Balance (2003E): $4.7 billion.
Major Trading Partners (2003): France, Italy, Spain, USA.
Oil Export Revenues (2003E): $17.8 billion.
Foreign Exchange Reserves (10/03E): $30.4 billion.
Total External Debt (2003E): $22 billion.

ENERGY OVERVIEW:

Proven Oil Reserves (1/1/04E): 11.3 billion barrels.
Oil Production (2003E): 1.86 million barrels per day (bbl/d), of which 1.17 million bbl/d was crude oil, 0.45 million bbl/d was lease condensates, and 0.25 million bbl/d was natural gas liquids.
Crude Oil Production Capacity (1/04E): 1.2 million bbl/d
Oil Consumption (2003E): 212,000 barrels per day (bbl/d)
Net Oil Exports (2003E): 1.65 million bbl/d.
U.S. Oil Imports from Algeria (January-October 2003E): 409,000 bbl/d (3% of U.S. oil imports).
Crude Oil Refining Capacity (1/1/04E): 450,000 bbl/d (according to the Oil and Gas Journal).
Natural Gas Reserves (1/1/04E): 160.0 trillion cubic feet (Tcf).
Dry Natural Gas Production (2001E): 2.84 Tcf.
Natural Gas Consumption (2001E): 0.79 Tcf.
Net Natural Gas Exports (2001E): 2.05 Tcf
Electricity Generation Capacity (2001E): 6.0 gigawatts (95% thermal -- mainly natural gas; 5% hydroelectric).
Net Electricity Generation (2001E): 24.7 billion kilowatthours. Total Energy Consumption (2001E): 1.31 quadrillion Btu* (0.3% of world total energy consumption).

 

Note: Information contained in this report is the best available as of February 2004 and is subject to change. For an updated Data, inputs, information and analysis, please contact GLOCENTRA.

For an Overview Of Economic Indicators on Algeria: View full Analysis.

Energy-Related Carbon Emissions (2001E): 22.5 million metric tons of carbon (0.3% of world total carbon emissions).

Per Capita Energy Consumption (2001E): 41.2 million Btu (vs U.S. value of 341.8 million Btu).
Per Capita Carbon Emissions (2001E): 0.7 metric tons of carbon (vs U.S. value of 5.5 metric tons of carbon).
Energy Intensity (2001E -- Purchasing Power Parity exchange rates): 7,401 Btu/$1995 (vs U.S. value of 10,810 Btu/ $1995).**
Carbon Intensity (2001E -- PPP exchange rates): 0.13 metric tons of carbon/thousand $1995 (vs U.S. value of 0.17 metric tons/thousand $1995).**
Fuel Share of Energy Consumption (2001E): Natural Gas (67.9%); Oil (31.3%); Coal (1.5%).
Fuel Share of Carbon Emissions (2001E): Natural Gas (67.1%); Oil (30.9%); Coal (2.0%).

Status in Climate Change Negotiations:

Non-Annex I country under the United Nations Framework Convention on Climate Change (ratified June 9th, 1993). Not a signatory to the Kyoto Protocol.

Major Environmental Issues: Soil erosion; desertification; river and coastal water pollution due to the dumping of raw sewage, petroleum refining wastes, and other industrial effluents; inadequate supplies of potable water.

Major International Environmental Agreements:

A party to Conventions on Biodiversity, Climate Change, Desertification, Endangered Species, Environmental Modification, Law of the Sea, Ozone Layer Protection, Ship Pollution, Wetlands. Has signed, but not ratified, the Nuclear Test Ban Treaty.

* The total energy consumption statistic includes petroleum, dry natural gas, coal, net hydro, nuclear, geothermal, solar, wind, wood and waste electric power. The renewable energy consumption statistic is based on International Energy Agency (IEA) data and includes hydropower, solar, wind, tide, geothermal, solid biomass and animal products, biomass gas and liquids, industrial and municipal wastes. Sectoral shares of energy consumption and carbon emissions are also based on IEA data.
**GDP based on OECD Purchasing Power Parity (PPP) figures.

OIL AND GAS INDUSTRY:

Major State Companies: Enterprise Nationale pour la Recherche, la Production, le Transport, la Transformation et la Commercialisation des Hydrocarbons (Sonatrach) - State-owned company for exploration, transport and marketing of petroleum, natural gas and related products; Enterprise Nationale de Raddinage des Produits Petroliers (Naftec) - Operates and manages all refineries; Enterprise Nationale de Commercialisation et de Distribution des Produits Petroliers (Naftel) - Domestic product distribution. Societe de Conditionnement, Comercialisation & Transport de Gas Industriels (Cogiz) - produces natural gas by-products.

Oil Export Terminals: Arzew (Algeria's largest crude oil export port), Skikda (Algeria's second largest crude oil export port), Algiers, Annaba, Oran, plus the Tunisian facilities of Bejaia and La Skhirra.
Major Oil Fields: Hassi Messaoud (Algeria's largest oil field), Rhourde el-Baguel (Algeria's second largest oil field, located to the northeast of Hassi Messaoud), Tin Fouye Tabankort Ordo, Zarzaitine, Haoud Berkaoui/Ben Kahla, el-Gassi el-Agreb, Ait Kheir.
Major Natural Gas Fields: Hassi R'Mel, Rhourde Nouss, Rhourde Nouss Sud-Est, Rhourde Adra, Rhourde Chouff, Rhourde Hamra fields. Smaller gas reserves are located in the In Salah region (5-10 Tcf) as well as at the Tin Fouye Tabankort (TFT)(5.1 Tcf), Alrar (4.7 Tcf), Ouan Dimeta (1.8 Tcf), and Oued Noumer fields.
Oil Refineries (crude refining capacity bbl/d, 2004E): Skikda (300,000), Algiers (60,000), Arzew (60,000), Hassi Messaoud (30,000)
LNG Facilities: Arzew GL4Z, Arzew GL1Z, Arzew GL2Z, Skikda GL1K

Selected Foreign Energy Company Involvement:

ABB, Amerada Hess, Anadarko, Burlington Resources, BHP Billiton, BP, Cepsa, CNODC, CNPC, Enagas, Endesa, Enel, ENI, Gaz de France, Maersk, Petrobras, Petrofac, Repsol, Statoil, Talisman, Total, Wintershall, Woodside, YPF.

Note: Information contained in this report is the best available as of February 2004 and is subject to change. 

Source:    http://www.eia.doe.gov/emeu/cabs/algeria.html