Energy: More woes for the Algerian petroleum sector ($)

Posted On 3 June 2022

Number of times this article was read : 608

Algeria’s energy sector is back in the spotlight as the country’s stabilized its political system for now and strong global demand for petroleum product has pushed the barrel of oil above the $100 mark. While Algeria could play an important role in offsetting the diminishing role of Russia as gas supplier, the North African country is facing shortcomings domestically after several years of neglecting its productive infrastructure, while putting pressure on existing gas assets to increase production for export. With the government busy settling scores amid continued clan warfare and an oil company Sonatrach poorly managed, Algeria may be missing the opportunity to take advantage of a global market in need of more fuel.

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Other Articles in this Week's Issue<< Morocco: World’s biggest producer of cannabis inches closer to legalizing itSahel: Chaos and killings accelerate in Mali >>
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Written by The North Africa Journal

The North Africa Journal is a leading English-language publication focused on North Africa. The Journal covers primarily the Maghreb region and expands its general coverage to the Sahel, Egypt, and beyond, when events in those regions affect the broader North Africa geography. The Journal does not have any affiliation with any institution and has been independent since its founding in 1996. Our position is to always bring our best analysis of events affecting the region, and remain as neutral as humanly possible. Our coverage is not limited to one single topic, but ranges from economic and political affairs, to security, defense, social and environmental issues. We rely on our full staff analysts and editors to bring you best-in-class analysis. We also work with sister company MEA Risk LLC, to leverage the presence on the ground of a solid network of contributors and experts. Information on MEA Risk can be found at www.MEA-Risk.com.

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