How is Algeria diversifying its energy sector?

Algeria is progressing with its strategy to diversify its energy sector, with a focus on a balanced mix of renewable energy, green hydrogen and traditional oil and gas development.

Is Algeria a key supplier of gas to the global market?

A renewed focus on unconventional gas reserves – reflected through recent MoUs signed with energy majors ExxonMobil and Chevron – are set to tap into underexplored basins, while positioning Algeria as a critical supplier of gas to the global market.

How much is Algeria investing in oil & gas?

In fact, the Algerian government is investing $50 billion in oil and gas projects through 2027, targeting increased production from flagship assets as well as bringing new output online.

When will Algeria's solar power plant be completed?

With completion expected by late-2025 or early-2026, the plant is set to support Algeria’s energy grid with a capacity of 362 MW. In the same month, China State Construction Engineering Corporation began construction of a 300 MW solar power plant in Ouargla Province, as well as a 200 MW solar power plant in El M’Ghair.

Will Algeria unlock new oil & gas potential?

In tandem with Algeria’s push toward renewables, the country aims to unlock new oil and gas potential across six key sites – including M’Zaid, Ahara and Reggane.

Why is Algeria a good country for solar energy?

With an estimated area of over 2.3 million km 2, of which the Sahara represents 80%, Algeria enjoys a significant advantage, making it a substantial global reserve for solar energy. Thus, Algerian electricity users expect a reliable, affordable, and high-quality energy supply that is both sustainable and environmentally friendly.