Money Moves September 05, 2019 at 03:00 pm

Africa’s largest natural gas producers to look out for in 2019

Theodora Aidoo | Staff Writer

Theodora Aidoo September 05, 2019 at 03:00 pm

September 05, 2019 at 03:00 pm | Money Moves

Photo Credit: Al Jazeera

Algeria

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.

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