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August 10, 2025 | 1 month ago
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Algeria is deploying a $50 billion investment campaign between 2024 and 2028 to reinforce its energy sector, under the leadership of President Abdelmadjid Tebboune. This strategic plan aims to increase gas production, develop green hydrogen, modernize infrastructure, and attract foreign capital through a reformed regulatory framework, notably via the 2019 Hydrocarbons Law. Sonatrach plays a central role, with 11 new oil concessions and several partnerships with international majors, like ExxonMobil, Chevron, Eni, Equinor, and TotalEnergies. Gas production is expected to reach 200 billion m³ over five years, and oil production 1.2 million barrels/day in 2025. The flagship diversification project is the SoutH2 Corridor, a 3,300 km pipeline for green hydrogen, intended for the European market from 2030. This integrated strategy positions Algeria as a major African energy hub and a model for energy transition.
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