ASSESSMENTS

Structural Constraints Will Limit Algeria's Ability To Capitalize on Tighter Energy Markets

May 6, 2026 | 14:31 GMT

A worker stands on the uploading dock of Cavaou LNG terminal in Fos-sur-Mer, France, on June 22, 2023, while the tanker boat "Lalla Fatma N'Soumer" arrives full of LNG ready to be delivered.
A worker stands on the uploading dock of Cavaou LNG terminal in Fos-sur-Mer, France, on June 22, 2023, while the tanker boat "Lalla Fatma N'Soumer" arrives full of LNG ready to be delivered.

(CLEMENT MAHOUDEAU/AFP via Getty Images)

Algeria's limited spare capacity will constrain its ability to boost gas exports to Italy and Spain, and although higher global oil prices will increase Algeria's state revenues, persistent structural obstacles will likely impede foreign investment in its hydrocarbon projects....

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