As a member of OPEC, Algeria restricted output during the late 1980s.
However since 1995 it has had only limited spare (non-natural gas
liquids) capacity and
has produced near maximum rates although some modest
restrictions are occasionally achieved.
Output capacity is increasing, spurred on by the return of foreign
companies in the early 1990s. It is forecast that growth will continue
after 2010 up to a peak in 2014 after which new field developments and
natural gas liquids will be unable to offset decline in the older fields, particularly
the giant Hassi Messaoud field.
The country has large non-associated gas reserves including the giant
Hassi RíMel field. Gas output will expand rapidly as new markets appear
in southern Europe, however growth will flatten off towards the end of
Both oil and gas consumption has increased since 2000 as the country has
developed rapidly and increased its exports. Slower growth in oil use is
forecast although gas demand is expected to continue to expand rapidly.
Algeria is a major oil and gas exporter. After declining in 2009 oil
exports will rise to a second peak in 2013/2014 whilst gas exports,
largely to Italy and Spain, will continue to grow up to a plateau