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Africa · DZA · OPEC

Algeria

Europe’s southern gas field. Domestic demand is eating the export surplus.

exporter

Oil production

1.2 mb/d

0.5 mb/d demand

Net oil

+0.8 mb/d

Export surplus

Gas production

100 bcm

Net +52 bcm

O&G rent

19.0%

Fiscal breakeven $110

Oil balance

Production versus demand, 2025, million barrels per day.

Production1.2 mb/d
Consumption0.5 mb/d

Gas balance

Production versus demand, 2025, billion cubic metres.

Production100 bcm
Consumption48 bcm

Proven oil

12 bn bbl

Gas reserves

4.5 tcm

Refining

0.7 mb/d

LNG

14 bcm export

Hydrocarbon mix

Oil versus gas in this country’s oil-and-gas demand (oil-equivalent).

  • Oil21%
  • Gas79%

Inflows and outflows

What leaves. What arrives.

DZESNLFR
OutflowInflowCrudeLNG

Algeria outflows 0 kb/d crude, 28 bcm LNG. Inflows 0 kb/d crude, 0 bcm LNG.

Local crude

Priced off the waterborne tape.

No local futures contract on this board. Brent, Dubai and WTI still set the netback. Open the flows desk for the markers that moved when Maduro was ousted and when the Iran war started.

Crude flows

Mapped crude

Barrels per day.

This economy is not on the mapped seaborne board. The corridors that rewired in 2026 are on Flows.

LNG out

  • Spain11 bcm+1 bcm
  • Europe (ARA)9 bcm+1 bcm
  • France8 bcm+1 bcm

LNG in

None mapped.

Open the flow map

Economy

The budget is a Henry Hub/TTF hybrid via oil-indexed contracts. Sonatrach under-investment is the 2030s cliff. Solar is abundant and barely built.

GDP
$0.3 tn
Population
47.0 m
Oil intensity
0.6 bbl /$1k
Oil & gas rent
19.0% GDP
Hydrocarbon trade
-14.0% GDP
Fiscal breakeven
$110 /bbl
$30 oil shock
+32.2 pp GDP
Club
OPEC

Projected oil demand

Regional IEA WEO 2025 oil pathways applied to this country’s 2025 baseline. STEPS 2035 demand 0.6 mb/d (net +0.7) versus NZE 0.4 mb/d (net +0.2).

Scenario2025203020352050
Stated Policies0.50.50.60.8
Net Zero 20500.50.50.40.2
Current Policies0.50.50.60.8

Same region