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النهار أونلاين
Source: النهار أونلاين
10 Hrsالنهار أونلاين
Source: النهار أونلاين
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Algeria topped Africa’s hydrocarbon production rankings, according to the *State of African Energy 2026* report issued by the African Energy Chamber. The report highlighted the country’s substantial resources, infrastructure and exploration activity, as well as its third-place ranking in recoverable gas resources. Production is expected to be boosted by the start-up of the TFT South and In Amenas 2 fields, while growth prospects are supported by initiatives to recover flared gas and the Medlink project, which aims to export 2,000 megawatts of renewable electricity to Italy by 2030. Across the continent, hydrocarbon production is expected to rise to 11.4 million barrels of oil equivalent per day in 2026 and 13.6 million in 2030, while exploration and production investment is forecast to exceed $40 billion in 2026.
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