Algeria is the world’s seventh-largest producer of natural gas and the country’s output increased by 5% in 2022, over 2021. The country accounts for 2% of global production, with the world’s other largest producers being the US, Russia and Iran. GlobalData uses proprietary data and analytics to provide a complete picture of the natural gas sector in Algeria in its report, Algeria Exploration & Production, 2022. Buy the report here.
Over the five years to 2022, production from Algeria decreased by a CAGR of 1% and is expected to rise by a CAGR of 0.99% between 2023 and 2027.
The largest producers of natural gas in Algeria are Sonatrach, BP and Equinor. Sonatrach was the largest producer of natural gas in 2022 with output up by 9% on 2021.
BP was the second-largest producer, with output down by 12%, and Equinor was third with a decrease of 12% on the previous year.
See Also:
There are 13 natural gas producing fields in Algeria, all located onshore. The Illizi has the majority of the natural gas fields in the country with seven.
For more detailed analysis of natural gas sector in Algeria, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
