Hydrocarbons

Algeria: $71.6 billion to support hydrocarbon production

Algeria plans to allocate $71.6 billion to hydrocarbons through 2030. Presented by Minister of State for Hydrocarbons Mohamed Arkab to the National People’s Assembly finance committee, the program aims to strengthen exploration and production while increasing processing capacity. Its scale is significant, but impact will depend on actual capital mobilization, project execution and meeting growing domestic demand.

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