Algeria Oil and Gas Upstream Market - Growth, Trends, and Forecast (2020 - 2025)

The market is segmented by Location (Onshore and Offshore)

Market Snapshot

Study Period:


Base Year:



2.32 %

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Market Overview

The market for oil and gas upstream in Algeria is expected to grow at a CAGR of more than 2.32% during the forecast period of 2020 – 2025. Factors such as increasing natural gas production and investments in oil and gas upstream sector are expected to increase the growth for the Algeria oil and gas market during the forecast period. However, Algeria's natural gas exports to Europe are getting outcompeted by cheaper Russian supplies, thereby decreasing the profits for companies in Algeria.

  • In 2019, all of the exploration and production of oil and gas in the country is produced from onshore oil and gas fields in the country. Vast reserves of natural gas have been meagerly utilized till 2019. An increase in investment in the sector is expected to drive the market in the coming years.
  • Sizeable natural gas field discoveries have been made, in 2019, in southwestern Algeria that has an estimated capacity to produce some 275 cubic meters of gas and approximately 300 liters of condensate per hour. This could become an opportunity for the oil and gas upstream industry in the near future.
  • Increasing consumption of oil and gas in the country is expected to drive the market, and attract further investment into the onshore gas fields in the country. Increasing demand for natural gas, worldwide, is also expected to positively impact the growth.

Scope of the report

Algeria oil and gas upstream market report include:

Existing Projects
Projects in Pipeline
Upcoming Projects
Existing Projects
Projects in Pipeline
Upcoming Projects

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Key Market Trends

Onshore Gas Field Production to Witness Growth

  • Algeria held an estimated 12.2 billion barrels of proved crude oil reserves as of 2018. All of the country's proved oil reserves are held onshore because offshore exploration has been limited.
  • Algerian oil fields produce high quality, light crude oil with very low sulfur content. The quality of oil increases the demand for the oil as it does not require specific refinery to refine the oil.
  • In 2019, a fourth oil field is being developed in the area, by PT Pertamina, with an investment of 180 million USD. Pertamina expects to start the new field in April 2020.
  • The new expansion in gas production is taking place in the country, mostly by the government-owned Sonatrach. The company has made plans to increase its gas production by producing more than 1 billion cubic feet per day in the forecast period.
  • Hence, onshore oilfields are expected to witness growth due to investment taking place being made into the gas basins.

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Increasing Consumption of Oil and Gas to Drive the Market

  • The country has witnessed an increase in the consumption of natural gas and oil during 2017-2018. Continuation of the increase in consumption is expected to bring further growth in the forecast period.
  • Production of gas in Algeria decreased by 0.7%, year on year, to 79.4 Million tonnes oil equivalent, in 2018 from 79.9 Million tonnes oil equivalent, in 2015. Consumption of natural gas increased in the country, by 9.9%, year on year, from 36.7 million tonnes oil equivalent, in 2018 from 33.4 million tonnes of oil equivalent, in 2017. Increasing production increases the profits earned by the company
  • Production of oil in the country decreased, by 2.0%, to 66.6 million tonnes, in 2018 from 65.3 million tonnes, in 2017. The consumption of oil in the country increased, by 1.2%, to 19.6 million tonnes, in 2018 from 19.4 Million tonnes, in 2017. Increasing consumption is expected to provide a boost to the market.
  • In 2018, A large part of the Algerian government's budget is dependent on crude oil, significant scale volatility in the crude oil market is expected to make the country vulnerable in case of a substantial reduction in the price of oil. The government, therefore, is trying to diversify its exports.
  • Hence, increasing gas production is expected to drive the market in the forecast period.

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Competitive Landscape

The Algeria oil and gas upstream market is moderately consolidated. The major companies include Sonatrach SPA, Engie SA, Total S.A., BP PLC, and Petroceltic Ain Tsila Ltd.

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Table Of Contents


    1. 1.1 Scope of the Study

    2. 1.2 Market Definition

    3. 1.3 Study Assumptions




    1. 4.1 Introduction

    2. 4.2 Crude Oil Production and Consumption Forecast in thousands barrels per day, till 2025

    3. 4.3 Natural Gas Production and Consumption Forecast in billion cubic feet per day, till 2025

    4. 4.4 Recent Trends and Developments

    5. 4.5 Government Policies and Regulations

    6. 4.6 Market Dynamics

      1. 4.6.1 Drivers

      2. 4.6.2 Restraint

    7. 4.7 Supply Chain Analysis



    1. 5.1 Location

      1. 5.1.1 Onshore

        1. Overview

          1. Existing Projects

          2. Projects in Pipeline

          3. Upcoming Projects

      2. 5.1.2 Offshore

        1. Overview

          1. Existing Projects

          2. Projects in Pipeline

          3. Upcoming Projects


    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Strategies Adopted by Leading Players

    3. 6.3 Company Profiles

      1. 6.3.1 Sonatrach SPA

      2. 6.3.2 Engie SA

      3. 6.3.3 Total S.A.

      4. 6.3.4 BP PLC

      5. 6.3.5 Petroceltic Ain Tsila Ltd.

  7. *List Not Exhaustive

** Subject to Availability

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