Algeria plans US$71.6bn oil and gas investment by 2030
According to Africa Business Insight, Macroeconomy Algeria plans US$71.6bn oil and gas investment by 2030 Nana Oye Ankrah October 19, 2026 SHARE Algeria plans to invest US$71.6 billion in its oil and gas industry by 2030 as rising domestic energy consumption threatens to constrain exports and foreign-currency earnings. The investment programme will cover upstream exploration and production, refining and petrochemicals, with the government seeking to increase output and process more hydrocarbons locally.
What happened
Macroeconomy Algeria plans US$71.6bn oil and gas investment by 2030 Nana Oye Ankrah October 19, 2026 SHARE Algeria plans to invest US$71.6 billion in its oil and gas industry by 2030 as rising domestic energy consumption threatens to constrain exports and foreign-currency earnings. The investment programme will cover upstream exploration and production, refining and petrochemicals, with the government seeking to increase output and process more hydrocarbons locally.
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