7.500
%
Neutral
69
mm boe
31
%
Algeria remains a difficult place to operate, with limited scope for external participants, other than Majors. While the tax laws have been varied with regularity, the recent environment has been stable, and therefore supportive. Consequently, we have a Neutral outlook.
July 31, 2022
Africa - North
mm bbl
bcf
Northern Africa, bordering the Mediterranean Sea, between Morocco and Tunisia.
PSC/PSA
Depending on the date on which the petroleum contract was signed, the Algerian fiscal regime applicable to the oil and gas upstream industry is governed by one of a number of legal frameworks.
Following the 2019 election of the country's first new president in 20 years, Algeria may have reached an inflection point in its history. Should Algeria follow-through with its economic reform and diversification plans, new trade and investment opportunities for American companies will arise, albeit tempered in the short term by the effects of the COVID-19 pandemic and related economic crises.
Source: ESRI, Heritage Index, HMG Foreign & Commonwealth Office, US Department of State, International Trade Administration, International Law Review, Ernst & Young, Wood Makenzie & OGA data.
© 2021 Oil & Gas Advisors Limited
Website by Rugby Web Design
