Algeria Oil and Gas Report - Business Monitor International - Industry Reports

Algeria Oil and Gas Report

Algeria Oil and Gas Report - Business Monitor International - Industry Reports
Algeria Oil and Gas Report
Published Aug 27, 2016
88 pages — Published Aug 27, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

Algeria s oil and gas reserves will continue to decline during ---------. Oil reserves are forecast to contract by --.- to -.-bn bbl in ----, while gas reserves will see a reduction of --.- , falling to -.-tcm over the same period. ...Algeria will continue to lag its regional peers in terms of gas pricing reforms. Reforms will be insufficient to draw significant new foreign investment into the upstream gas sector over the coming years, contributing to secular decline in domestic output. We hold our view that Algeria s refining capacity will remain stable at ---,---b/d until ----. ...We hold our view that Algeria s refining capacity will remain stable at ---,---b/d until ----. While the country s NOC is planning significant upgrades to the country s refining sector, we have kept the new capacity out of our forecast due to lack of details and progress in the new projects.

...A number of structural factors, such as rapidly growing vehicle fleet, highly-subsidised fuel prices, booming construction industry or gradually expanding population, will drive continuous growth in Algeria s refined fuels consumption during the coming decade. Despite short-term increases, we expect the country s gas exports to continue declining over the longer- term, with the net export volumes standing at a forecast --.-bcm in ----, down from --.-bcm in ----. ...A number of structural factors, such as rapidly growing vehicle fleet, highly-subsidised fuel prices, booming construction industry or gradually expanding population, will drive continuous growth in Algeria s refined fuels consumption during the coming decade. Despite short-term increases, we expect the country s gas exports to continue declining over the longer- term, with the net export volumes standing at a forecast --.-bcm in ----, down from --.-bcm in ----. Declining domestic crude production and soft global oil prices will severely undercut Algeria s export volumes and revenues across our ---year forecast period. ...Declining domestic crude production and soft global oil prices will severely undercut Algeria s export volumes and revenues across our ---year forecast period. The country s exports of refined products will be squeezed as well by the rapidly rising domestic consumption.

...Vast prospective resources, planned exploration drilling and the use of enhanced oil recovery (EOR) techniques at Hassi Messaoud and Hassi R Mel could offer significant upside risk to reserves. However, several factors will continue to constrain reserves growth across our ---year forecast period to ----. ...

  
Source:
Document ID
1748-3786
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Algeria Oil and Gas Report" Aug 27, 2016. Alacra Store. Dec 10, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Algeria-Oil-and-Gas-Report-2026-511>
  
APA:
Business Monitor International - Industry Reports. (2016). Algeria Oil and Gas Report Aug 27, 2016. New York, NY: Alacra Store. Retrieved Dec 10, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Algeria-Oil-and-Gas-Report-2026-511>
  
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