1.1 List of Tables 7
1.2 List of Figures 9
2 Algeria Energy Sector 10
2.1 Algeria Energy Sector, Market Overview 10
2.2 Algeria Energy Sector, Crude Oil 10
2.2.1 Algeria Crude Oil, Overview 10
2.2.2 Algeria Crude Oil, Supply and Demand Balance 11
2.2.3 Algeria Crude Oil, Regulatory Structure 16
2.2.4 Algeria Crude Oil, Infrastructure 17
3 Algeria Oil Upstream Investment Environment Benchmarking 18
3.1 Introduction 18
3.2 The Overall Ranking 18
3.3 Upstream Fiscal Attractiveness 18
3.3.1 Maximum Government Take Index 20
3.3.2 Maximum State Participation 20
3.3.3 Maximum Domestic Market Obligation 20
3.4 Oil Sector Performance 20
3.4.1 Exploration Activity 22
3.4.2 Oil Production 23
3.4.3 Oil Reserves 23
3.4.4 Oil Consumption 23
3.4.5 Refining Industry 24
3.5 Economic Performance 24
3.5.1 GDP Growth Index 25
3.5.2 FDI Confidence Index 25
3.5.3 Balance of Trade Index 26
3.6 Socio-Political Performance 26
3.6.1 Democracy Index 27
3.6.2 Governance Index 27
4 Algeria Exploration and Production Sector 28
4.1 Algeria Exploration and Production Sector, Country Snapshot 28
4.1.1 Algeria Exploration and Production Sector, Key Data 28
4.1.2 Algeria Exploration and Production Sector, Crude Oil Assets Map 28
4.2 Algeria Exploration and Production Sector, Gross Crude Oil Production 29
4.2.1 Algeria Exploration and Production Sector, Total Gross Crude
Oil-Historical Production 29
4.2.2 Algeria Exploration and Production Sector, Gross Crude Oil-Historical
Production by Type 30
4.2.3 Algeria Exploration and Production Sector, Gross Crude Oil Production by
Assets 31
4.2.4 Algeria Exploration and Production Sector, Gross Equity Weighted Crude Oil
Production by Company 31
4.2.5 Algeria Exploration and Production Oil Sector, Market Share of Key
Companies Based on Gross Equity Weighted Crude Oil Production 32
4.3 Algeria Exploration and Production Sector, Gross Crude Oil Forecasts 33
4.3.1 Algeria Exploration and Production Sector, Gross Crude Oil Forecasted
Production 33
4.4 Algeria Exploration And Production Sector, Crude Oil Asset Details 34
4.4.1 Algeria Exploration And Production Sector, Active Crude Oil Asset Details
34
4.4.2 Algeria Exploration and Production Sector, Planned Crude Oil Asset Details
35
4.5 Algeria Exploration and Production Sector, Major Oil Discoveries 36
4.5.1 Algeria Exploration and Production Sector, Number of Oil Discoveries,
2005- 2010 36
4.5.2 Algeria Exploration And Production Sector, Oil Discovery Details 37
4.6 Algeria Exploration and Production Sector, Recent Discoveries 38
4.6.1 Jan 12, 2011: Petroceltic Strikes 155m Gross Gas Column At AT-4 Well In
Illizi Basin, South Eastern Algeria 38
4.6.2 Nov 13, 2010: Gazprom, Sonatrach Find Hydrocarbon Reserves At RSH-2 Well
In Berkine Basin, Algeria 39
4.6.3 Nov 10, 2010: Sonatrach, E.ON Ruhrgas Find Gas At Rhourde Yacoub Block In
Algeria 39
4.7 Algeria Exploration and Production Sector, Drilling and Production Updates
40
4.7.1 May 12, 2011: Petroceltic Provides Drilling Update 40
4.7.2 Nov 17, 2010: Petroceltic Provides Algerian Operations Update 40
5 Algeria Pipeline Sector 41
5.1 Algeria Pipeline Sector, Key Data 41
5.2 Algeria Pipeline Sector, An Overview 41
5.3 Algeria Pipeline Sector, Crude Oil Pipeline Companies 41
5.4 Algeria Pipeline Sector, Petroleum Product Pipeline Companies 42
5.5 Algeria Pipeline Sector, Crude Oil Pipelines 42
5.6 Algeria Pipeline Sector, Petroleum Product Pipelines 44
6 Algeria Refining Sector 45
6.1 Algeria Refining Sector, Key Data 45
6.2 Algeria Refining Sector, An Overview 45
6.2.1 Algeria Refining Sector, Total Refining Capacity 45
6.3 Algeria Refining Sector, Capacity- Wise Market Share by Company 46
6.4 Algeria Refining Sector, Crude Distillation Unit Capacity 48
6.5 Algeria Refining Sector, Fluid Catalytic Cracking Capacity 48
7 Algeria Oil and Chemicals Storage Sector 49
7.1 Algeria Oil and Chemicals Storage Sector, Key Data 49
7.2 Algeria Oil and Chemicals Storage Sector, An Overview 49
7.2.1 Algeria Oil and Chemicals Storage Sector, Total Storage Capacity 49
7.2.2 Algeria Oil and Chemicals Storage Sector, Storage Capacity Share by Area
51
7.3 Algeria Oil and Chemicals Storage Sector, Capacity-Wise Market Share By
Company 51
7.4 Algeria Oil and Chemicals Storage Sector, Storage Capacity 52
8 Profile of Sonatrach SPA 53
8.1 Sonatrach SPA, Key Information 53
8.2 Sonatrach SPA, Company Overview 53
8.3 Sonatrach SPA, Business Description 53
8.3.1 Business Overview 53
8.3.2 Downstream 54
8.3.3 Pipeline Transportation 54
8.3.4 Upstream 55
8.4 Sonatrach SPA, SWOT Analysis 55
8.4.1 Overview 55
8.4.2 Sonatrach SPA Strengths 56
8.4.3 Sonatrach SPA Weaknesses 57
8.4.4 Sonatrach SPA Opportunities 57
8.4.5 Sonatrach SPA Threats 58
9 Profile of Eni S.p.A. 60
9.1 Eni S.p.A., Key Information 60
9.2 Eni S.p.A., Company Overview 60
9.3 Eni S.p.A., Business Description 60
9.3.1 Business Overview 60
9.3.2 Exploration & Production 62
9.3.3 Gas & Power 63
9.3.4 Other activities 64
9.3.5 Petrochemicals 64
9.3.6 Refining and Marketing 65
9.3.7 Refining and Marketing 66
9.4 Eni S.p.A., SWOT Analysis 67
9.4.1 Overview 67
9.4.2 Eni S.p.A. Strengths 67
9.4.3 Eni S.p.A. Weaknesses 69
9.4.4 Eni S.p.A. Opportunities 69
9.4.5 Eni S.p.A. Threats 71
10 Profile of China Petroleum & Chemical Corporation 72
10.1 China Petroleum & Chemical Corporation, Key Information 72
10.2 China Petroleum & Chemical Corporation, Company Overview 72
10.3 China Petroleum & Chemical Corporation, Business Description 72
10.3.1 Business Overview 72
10.3.2 Chemicals 72
10.3.3 Exploration and Production 73
10.3.4 Marketing and Distribution 74
10.3.5 Others 75
10.3.6 Refining 75
10.4 China Petroleum & Chemical Corporation, SWOT Analysis 76
10.4.1 Overview 76
10.4.2 China Petroleum & Chemical Corporation Strengths 77
10.4.3 China Petroleum & Chemical Corporation Weaknesses 78
10.4.4 China Petroleum & Chemical Corporation Opportunities 79
10.4.5 China Petroleum & Chemical Corporation Threats 80
11 Financial Deals Landscape 82
11.1 Detailed Deal Summary 82
11.1.1 Equity Offerings 82
11.1.2 Partnerships 83
11.1.3 Asset Transactions 85
12 Recent Developments 88
12.1 License Rounds 88
12.1.1 Sep 02, 2010: Algeria Launches New Oil And Gas Bidding Round For 10
Contract Areas 88
12.2 License Awards 89
12.2.1 Mar 17, 2011: Algeria Awards Two Oil And Gas Permits In New Bidding Round
89
12.3 Strategy and Business Expansion 89
12.3.1 Apr 28, 2011: Eni And Sonatrach Sign Cooperation Agreement For
Development Of Unconventional Gas In Algeria 89
12.3.2 Apr 06, 2011: Eni Evaluates Shale Gas Opportunities In Algeria 89
12.4 Other Significant Developments 89
12.4.1 Aug 30, 2011: Petroceltic Provides Algeria Operational Update 89
12.4.2 Aug 02, 2011: Petroceltic Provides Algeria Operational Update 91
12.4.3 Jul 12, 2011: Petroceltic Provides Algeria Operations Update 92
12.4.4 May 03, 2011: Sonatrach Appoints Nourredine Cherouati As New CEO 93
12.4.5 Mar 21, 2011: Petroceltic Provides Logging Results Of Well AT-5 In
Isarene Permit, Algeria 93
12.4.6 Mar 02, 2011: Petroceltic Provides Technical And Operational Update For
AT-4 Well Testing 94
12.4.7 Jan 17, 2011: Algeria Terminates Sonatrach CEO Mohamed Meziane 95
12.4.8 Nov 23, 2010: Medgaz Gets EUR500 Million Loan From EIB 95
12.4.9 Oct 12, 2010: Petroceltic Provides Algeria Operations Update 95
12.4.10 Aug 26, 2010: Sonatrachs Medgaz Pipeline Becomes Operational 96
13 Appendix 97
13.1 Abbreviations 97
13.2 Methodology 97
13.2.1 Coverage 97
13.2.2 Secondary Research 98
13.2.3 Primary Research 98
13.2.4 Expert Panel Validation 98
13.3 Contact Us 99
13.4 Disclaimer 99
1.1 List of Tables
Table 1: Algeria, Historic and Forecast Production and Consumption of Crude Oil,
Thousand Barrels Per Day, 2000-2020 11
Table 2: Algeria, Historic and Forecast Imports and Exports of Crude Oil,
Thousand Barrels Per Day, 2000-2020 13
Table 3: Algeria, Historic Reserves of Crude Oil, Million Barrels, 2000-2010 15
Table 4: North Africa, Investment Benchmarking, Overall Country Rankings, Aug
2011 18
Table 5: North Africa, Investment Benchmarking, Upstream Fiscal Attractiveness,
Aug 2011 19
Table 6: North Africa, Investment Benchmarking, Oil Sector Performance, Aug 2011
20
Table 7: North Africa, Investment Benchmarking, Economic Performance, Aug 2011
24
Table 8: North Africa, Country Standings, Economic Performance, Aug 2011 24
Table 9: North Africa, Investment Benchmarking, Socio-Political Performance, Aug
2011 26
Table 10: North Africa, Country Standings, Socio-Political Performance, Aug 2011
26
Table 11: Algeria, Crude Oil Key Statistics, 2010 28
Table 12: Algeria, Total Gross Crude Oil Production (MMBBLs), 2003-2010 29
Table 13: Algeria, Gross Crude Oil Production (MMBBLs) by Type, 2003- 2010 30
Table 14: Algeria, Gross Crude Oil Production (MMBBLs), by Assets, 2003-2010 31
Table 15: Algeria, Gross Equity Weighted Crude Oil Production by Company (MMBBLs),
2003-2010 31
Table 16: Algeria, Market Share (%) of Key Companies based on Gross Equity
Weighted Crude Oil Production, 2003-2010 32
Table 17: Algeria, Gross Crude Oil Production (MMBBLs), Forecast by Assets,
2011- 2015 33
Table 18: Algeria, Active Oil Field Asset Details 34
Table 19: Algeria, Number of Oil Discoveries, 2005-2010 36
Table 20: Algeria, Oil Discovery Details, 2005-2010 37
Table 21: Algeria, Oil Discovery Details, 2005-2010 (Contd.1) 38
Table 22: Algeria, Pipeline Key Statistics, Aug 2011 41
Table 23: Algeria, Crude Oil Pipeline Length by Company (Km), Aug 2011 41
Table 24: Algeria, Petroleum Product Pipeline Length by Company (Km), Aug 2011
42
Table 25: Algeria, Crude Oil Pipelines, Aug 2011 42
Table 26: Algeria, Crude Oil Pipelines, Aug 2011 (Contd.1) 43
Table 27: Algeria, Petroleum Product Pipelines, Aug 2011 44
Table 28: Algeria, Refinery Key Statistics, Aug 2011 45
Table 29: Algeria, Total Refining Capacity (MMTPA), 2000- 2015 45
Table 30: Algeria, Refining Capacity by Company (MMTPA), 2000-2015 46
Table 31: Algeria, Crude Distillation Unit Capacity (MMTPA), 2000-2015 48
Table 32: Algeria, Fluid Catalytic Cracking Unit Capacity (MMTPA), 2000-2015 48
Table 33: Algeria, Oil and Chemicals Storage Key Statistics, Aug 2011 49
Table 34: Algeria, Total Oil and Chemicals Storage Capacity (Thousand M3), 2000-
2015 49
Table 35: Algeria, Oil and Chemicals Storage Capacity by Company (Thousand M3),
2000-2015 51
Table 36: Algeria Oil and Chemicals Storage Capacity (Thousand M3), 2000-2015 52
Table 37: Sonatrach SPA, Key Facts 53
Table 38: Sonatrach SPA, SWOT Analysis 56
Table 39: Eni S.p.A., Key Facts 60
Table 40: Eni S.p.A., SWOT Analysis 67
Table 41: China Petroleum & Chemical Corporation, Key Facts 72
Table 42: China Petroleum & Chemical Corporation, SWOT Analysis 77
Table 43: Gulf Keystone Completes Private Placement Of $11.3 Million 82
Table 44: Sonatrach Form Joint Venture With Egyptian Natural Gas Holding And
Egyptian General Petroleum 83
Table 45: Total, Sonatrach And Cepsa Enter Into Partnership 84
Table 46: Enel To Acquire 18.375% Interest In Isarene Block From Petroceltic 85
Table 47: ConocoPhillips Plans To Sell Its Oil And Gas Properties 86
Table 48: Gulf Keystone Petroleum To Sell Its Interest In Hassi Ba Hamou Permit
87
1.2 List of Figures
Figure 1: Algeria, Energy Consumption Split By Fuel Type (%), 2010 10
Figure 2: Algeria, Crude Oil Production And Consumption, Thousand Barrels Per
Day, 2000-2020 12
Figure 3: Algeria, Crude Oil Exports And Imports, Thousand Barrels Per Day,
2000-2020 14
Figure 4: Algeria, Crude Oil Reserves, Million Barrels, 2000-2010 16
Figure 5: North Africa, Country Standings, Upstream Fiscal Attractiveness, Aug
2011 19
Figure 6: North Africa, Country Standings, Oil Sector Performance, by
Reserves-Exploration & Production, Aug 2011 21
Figure 7: North Africa, Country Standings, Oil Sector Performance, by
Production-Consumption & Refining, Aug 2011 22
Figure 8: North Africa, Country Standings, Number of Exploration Blocks Awarded,
Aug 2011 23
Figure 9: North Africa, Country Standings, Economic Performance, Aug 2011 25
Figure 10: North Africa, Country Standings, Socio-Political Performance, Aug
2011 27
Figure 11: Algeria, Crude Oil Assets Map, Aug 2011 28
Figure 12: Algeria, Total Gross Crude Oil Production (MMBBLs), 2003-2010 29
Figure 13: Algeria, Gross Crude Oil Production (MMBBLs) by Type, 2003-2010 30
Figure 14: Algeria, Gross Equity Weighted Crude Oil Production by Key Companies
(MMBBLs), 2003-2010 32
Figure 15: Algeria, Market Share (%) of Key Companies based on Gross Equity
Weighted Crude Oil Production, 2010 33
Figure 16: Algeria, Number of Oil Discoveries, 2005-2010 36
Figure 17: Algeria, Total Refining Capacity (MMTPA), 2000- 2015 46
Figure 18: Algeria, Refining Capacity by Company (MMTPA), 2010 47
Figure 19: Algeria, Total Oil and Chemicals Storage Capacity (Thousand M3),
2000- 2015 50
Figure 20: Algeria, Oil and Chemicals Storage Capacity Share by Area (%), 2010
51
Companies Mentioned
Sonatrach SPA
Eni S.p.A.
China Petroleum & Chemical Corporation
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