Wednesday, August 25, 2010

Algeria economy potentiel

 Algeria is well known with energy (petroleum and natural gas) this lasts make  95% of export earnings of the nation ,with 11.8 billion barrels of petroleum reserves with estimates suggesting that the actual amount is even more,that made Algeria come's in the 14th world rank which gave her an  important role in the  Organization of the Petroleum Exporting Countries (OPEC).Also Algeria had 160 trillion cubic feet of proven natural gas reserves, the eighth largest in the world.


  In the last's years(from 1991-2010)  algerian economy had well improved  The government's continued efforts to diversify the economy by attracting foreign and domestic investment in the energy sector and outside it,the X factor in this time is the Association Treaty with the European Union (from 2001) that  made the algerian economy goes to the right direction 

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