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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
NATGAS
Platts estimates total Algerian LNG exports for 2024 at 16.7 bcm, down 12% on the year. This suggests 2023 was a temporary surge rather than a new dawn for LNG exports.
- Platts forecasts 31 bcm if Algerian pipeline gas to Europe in 2025, a 1.2 bcm increase on the year. However, LNG exports are seen dropping to 15.2 bcm, a 1.5 bcm annual decrease.
- Platts now forecasts a less severe production decline for Algeria through to 2030. Gas production totalled 105 bcm in 2023. It should hit 103 bcm in 2025 before declining to 92 bcm by 2030.
- Based on this, Platts forecasts steady declines in pipeline and LNG exports from 2026 onwards, with rising domestic gas-fired-power plants also pressuring exports.
- Platts noted that Algeria’s production is not held back by resource availability, but rather poor fiscal terms that have deterred investment. A more investor-friendly environment could help boost future output.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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