Skip to main content

Algeria authorizes shale gas exploitation

ALGIERS, Algeria (AP) — Algeria’s Cabinet has announced it will move forward with the exploitation of the country’s large shale gas reserves.

The statement carried by the state news agency Wednesday night gave the green light to finding foreign partners to exploit the reserves.

According to a 2013 report by the U.S. Energy Information Administration, Algeria is third globally after China and Argentina in technically recoverable shale gas reserves with 707 trillion cubic feet (20 trillion cubic meters) of reserves.

It has yet to be determined if the reserves are commercially viable. The state said 11 wells will be drilled over the next seven to 13 years.

Algeria’s once rich oil and natural gas reserves have been declining in recent years.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Hail to the chief: Take our presidential trivia quiz

EDITOR'S NOTE: WTOP first brought you this quiz in 2019. Presidents Day is coming. How well do you know the less-important facts about the nation's leaders? Take WTOP's quiz — with any luck, it won't take you all Presidents Day to finish it.
Read Next Story