Algeria’s gas exports will drop to 26 billion cubic metres per year in 2025 from 45 billion in 2020, energy minister Abdelmadjid Attar told Ennahar TV.
“Exports in the period 2025-2030 will be between 26 to 30 billion cubic metre per year,” Attar told Ennahar.
The decline is mainly due to stagnant output, a rise in domestic consumption, and insufficient investment.
Algeria’s gas exports peaked in 2005 at 64 billion cubic metres.
It exported 51.4 billion cubic metres in 2018.
Algeria derives 95% of its foreign revenue from oil and gas sales.