CNBC_ Algeria's revenues from hydrocarbon exports reached $37.5 billion during the period from January to the end of September 2026, driven by a rise in the average price of Algerian crude oil, according to Minister of State and Minister of Hydrocarbons, Mohamed Arkab.
Arkab explained, during his presentation to the Finance and Budget Committee of the Algerian National People's Assembly within the framework of reviewing and discussing the Draft Finance Law for the year 2027, that the average price of Algerian crude oil rose by 37% compared to the same period in 2025, reaching approximately $97 per barrel.
Furthermore, the average price of marketed Algerian gas reached approximately $11.3 per million British thermal units (MMBtu), according to data presented by the Minister during the meeting.
Regarding petroleum tax revenues, revenues amounting to 2,841 billion dinars were recorded, representing approximately 105% of the estimates set forth in the Finance Law for the year 2026, which were targeted at 2,698 billion dinars.
These indicators reflect the level of revenues achieved from hydrocarbon exports during the first nine months of the current year, amid price developments for oil and gas in international markets.
