Algeria: Selected Issues Paper
February 3, 2011
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This paper assesses recent developments in gas markets and the implications for Algerian gas demand and prices. Algeria’s gas production is stable but its share in global gas production has been on a downward trend since the early 2000s. The impact of a change in the spot oil price (WTI) on gas prices can be statically examined with a vector autoregression (VAR). The impact of spot oil prices on Algeria’s contracted gas price remains strong, but export volumes are under pressure.
Subject: Balance of payments, Export diversification, Exports, Foreign direct investment, Fuel prices, International trade, Oil prices, Prices
Keywords: CR, diversification, diversification strategy, East Africa, Europe, export, Export diversification, Exports, FDI, FDI rule, Foreign direct investment, Fuel prices, gas price, Global, ISCR, Middle East, natural gas export, North Africa, North America, Oil prices, scenario analysis, support policy
Pages:
26
Volume:
2011
DOI:
Issue:
041
Series:
Country Report No. 2011/041
Stock No:
1DZAEA2011003
ISBN:
9781455216604
ISSN:
1934-7685
