Hydrocarbons in Algeria: the minister presents the 2027 sector budget to the APN
According to Radio Algerienne, the Minister of State presented the hydrocarbons sector programme and 2027 budget to the APN finance committee.
In short
According to Radio Algerienne, the Minister of State for Hydrocarbons presented the sector programme to the finance and budget committee of the APN, during the review of the 2027 draft finance law. Expected oil tax revenue for 2027 is 2,652 billion dinars, based on a reference price of 60 dollars a barrel. An investment envelope of nearly 71.6 billion dollars was allocated to hydrocarbons activity.
Key points
- Presentation to the APN finance and budget committee, within the 2027 draft finance law.
- 2027 oil tax revenue: 2,652 billion dinars, reference price of 60 dollars a barrel.
- 2027 sector budget estimated at about 63 billion dinars.
- Investment envelope of nearly 71.6 billion dollars, including 52 billion dollars for upstream.
- Algeria Bid Round 2026 covers seven exploration perimeters.
What the dispatch says about the 2027 budget
According to Radio Algerienne, the Minister of State for Hydrocarbons presented the main financial indicators of the draft sector budget for 2027.
He said the sector budget is estimated at about 63 billion dinars, mainly for the programme supporting the price of desalinated water, plus operating credits for the sector administration.
- Expected oil tax revenue: 2,652 billion dinars.
- Oil reference price: 60 dollars a barrel.
- Sector budget: about 63 billion dinars.
Investment and targets to 2030
According to the same source, an investment envelope of nearly 71.6 billion dollars was allocated to hydrocarbons activity. It includes 52 billion dollars for upstream and nearly 13 billion dollars for refining and petrochemical projects.
The sector aims for primary hydrocarbons production of nearly 201 million TOE by 2030.
Tender and partners
Radio Algerienne reports that the international tender Algeria Bid Round 2026, launched by ALNAFT, covers seven exploration perimeters in the wilayas of Ouargla, Illizi, Touggourt and El Bayadh. About sixty companies showed interest and 21 met the conditions for access to technical data.
The minister also cited Sonatrach contracts with Eni, Pertamina, Repsol, Sinopec and Occidental Petroleum.
2026 results cited by the minister
Hydrocarbon export revenue reached 37.5 billion dollars between January and the end of September 2026. Oil tax revenue was 2,841 billion dinars, against a forecast of 2,698 billion dinars in the 2026 finance law.
For foreign investors
According to Radio Algerienne, the international tender Algeria Bid Round 2026 drew interest from about sixty companies, 21 of which met the conditions for access to technical data. The minister also cited long-term gas supply contracts with Italy, Spain, Slovenia, Czechia and Germany.
Frequently asked questions
What oil tax revenue is expected for 2027?
According to Radio Algerienne, the minister gave a forecast of 2,652 billion dinars, based on an oil reference price of 60 dollars a barrel.
How much investment is allocated to hydrocarbons?
According to the dispatch, nearly 71.6 billion dollars, including 52 billion dollars for upstream and nearly 13 billion dollars for refining and petrochemicals.
What does Algeria Bid Round 2026 cover?
It covers seven exploration perimeters spread across the wilayas of Ouargla, Illizi, Touggourt and El Bayadh. ALNAFT launched it, according to Radio Algerienne.
Who can handle this procedure in Algeria?
UpGrowth, based in Algiers (Birkhadem), supports Algerian and foreign companies with entering Algeria without travelling (soft landing). Contact: https://www.upgrowth.dz/contact?service=soft-landing.