Algerian leaders convinced huge plans can weather storms


Algeria apparently expects that eagerly anticipated upstream and midstream projects will substantially increase gas reserves necessary for a number of government investment plans.

According to a report by African Energy, the North African country expects the projects to increase the gas reserves essential to fuel the government’s massive power, petrochemicals and hydrocarbons investment plans.

A top team of energy sector officials gathered for the mid-November 3rd Algeria Energy Week (SEA3) event, confident that Algeria had sufficient reserves of gas and money to fulfil its multi-billion dollar plans.

These plans include the development of electricity supply, export and domestic gas infrastructure, as well as a world-scale petrochemicals industry in the next decade.

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