The country is rich in natural resources and has the tenth-largest proven reserves of natural gas in the world.
Algeria energy export is salient to the country’s national economy as the country exports large volumes of natural gas to Europe. The Organization of the Petroleum Exporting Countries ranks Algeria as the 16th largest oil reserves in the world and the second-largest in Africa.
According to the Algerian government-owned company, Sonatrach, about two-thirds of Algerian territory remain unexplored or largely underexplored. Most of these areas are in the north, the deep south and offshore.
Algeria holds much potential from an energy viewpoint.