Algeria’s Sonatrach Clears 2026–2030 Strategic Plan Amid Growing Domestic Gas Consumption

SEATTLE (Oil Monster):Algeria’s state-owned energy group Sonatrach has approved its 2026–2030 strategic plan after shareholders endorsed the 2026 budget at an Ordinary General Assembly. The framework is being rolled out as domestic gas consumption keeps rising and export commitments remain firm. No details have been disclosed on investment volumes or production targets.

Domestic demand is the core pressure point. Ministry of Energy and Mines data show national gas consumption surpassed 45 billion cubic metres in 2023. Because natural gas accounts for more than 95 percent of electricity generation, Sonatrach must secure local supply while honouring overseas contracts.

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Export flows eased slightly in 2024. Pipeline deliveries declined to roughly 49 billion cubic metres from more than 52 billion in 2023. Nevertheless, Algeria continued to play a critical role in European energy supply, supported by liquefied natural gas shipments estimated at 11–12 million tonnes.

The plan fits within a wider $60 billion investment programme scheduled for 2025–2029, prioritising exploration, transport and processing assets. Authorities have reiterated an objective to lift annual gas production to 200 billion cubic metres within five years, compared with around 137 billion in 2023. Execution will determine Algeria’s future position.