|Author (Person)||Boukhars, Anouar|
|Publisher||Fundación para las Relaciones Internacionales y el Diálogo Exterior [FRIDE]|
|Series Title||FRIDE Commentary|
|Series Details||No.22, March 2015|
In 2015 the Algerian government was under increasing pressure, stemming from political and social turmoil in the south of the country. This came amidst mounting terrorist threats and economic concerns due to low oil prices.
The south holds the majority of the country’s oil and gas reserves and is key for Algeria’s security. The area’s wealth and size (it accounts for more than 80 per cent of the national territory) have contributed enormously to Algeria’s economic standing and geostrategic clout. According to International Monetary Fund 2011 data, hydrocarbons account for over 69 per cent of public revenues and 36 per cent of the Gross Domestic Product.
|Countries / Regions||Europe, Northern Africa|