Algeria

Investment & Operational Criteria

Key Indicators

Risk Premia

7.500

%

Outlook

Neutral

Rating

CCC|3H|±

Ranking

69

Reserves (1P)

Total

mm boe

Oil

31

%

Summary

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.

Updated

July 31, 2022

Country Basics

Region

Africa - North

Reserves (1P)

Oil

mm bbl

Gas

bcf

Location

AlgeriaAlgeria

Northern Africa, bordering the Mediterranean Sea, between Morocco and Tunisia.

Outline

Tax Regime
Type

PSC/PSA

Tax Regime
Notes

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.

Investment & 
Operational
Climate

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.

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