in Short
Algeria: New investment opportunities in the energy sector
At African Energy Week, the National Agency for the Valorization of Hydrocarbon Resources (ALNAFT) presented six new onshore licensing opportunities. These exploration, development, and export projects cover a combined area of 152,000 km², supported by 2D and 3D seismic data. As part of its five-year plan, Algeria aims to attract global investors. Applications are open until April 15, 2025. This launch highlights the country’s attractiveness, offering a stable regulatory framework and partnership opportunities with international oil companies.