Algeria's oil production is projected to exceed one million barrels per day starting in September, marking a significant milestone for the North African nation. Algeria, a major exporter of natural gas with an annual production surpassing 105 billion m3, is set to achieve a daily oil production of 1,007 million barrels. This anticipated increase of 6,000 barrels per day follows a July production figure of 995,000 barrels per day. The country's rising output positions it as a key player within the global energy landscape. Among the seven OPEC+ countries of which it is a member, Algeria currently ranks 6th in terms of oil production. This steady growth shows its commitment to maximizing its hydrocarbon resources and contributing to global supply.
OPEC+ Production Quotas
The OPEC+ group, which comprises seven member countries, elected on August 2nd to raise its collective oil production by 188,000 barrels per day. This increase is slated to become effective in September 2026, signaling a forward-looking adjustment to market demands. The decision allocated specific quota increases to several member nations, reflecting their individual capacities and roles within the alliance. Saudi Arabia and Russia, two of the group's largest producers, each received an increase of 62,000 barrels per day in their respective quotas. Oman's quota was also increased by 5,000 barrels per day, contributing to its current production of 841,000 barrels per day. These adjustments are part of the broader strategy by OPEC+ to manage global oil supply and stabilize markets.
Among the major producers within the alliance, Saudi Arabia's output stands at a substantial 10.478 million barrels per day, making it one of the world's leading crude oil suppliers. Russia's production is recorded at 9.949 million barrels per day, further solidifying its influence in the global energy sector. Other significant contributors include Iraq, which produces 4.341 million barrels per day, and Kuwait, with a daily output of 2.676 million barrels. Kazakhstan contributes 1.628 million barrels per day to the group's total production. These figures highlight the diverse production capacities and strategic importance of the individual members within the OPEC+ framework.
Algeria's Production Trajectory
Algeria's oil production reached 987,000 barrels per day in June, continuing a consistent trajectory of increased output. This upward trend is part of a broader strategy to enhance the nation's energy sector. The country's average daily production for 2024 stood at 905,000 barrels, demonstrating a solid baseline of operations. This figure represents a notable increase from previous periods, with Algeria averaging 935,000 barrels per day throughout 2025. The consistent rise in production levels shows Algeria's growing role within the global oil market and its efforts to meet international energy demands. These figures precede the projected increase to over one million barrels per day starting in September, as the nation aims to maximize its production capacity and reinforce its position among major oil-producing countries. The incremental increases reflect strategic planning and investment in its energy infrastructure.
Broader Energy Context
Algeria's anticipated increase in oil production aligns with broader movements within the OPEC+ alliance, which consists of seven countries. The group, which includes major producers such as Saudi Arabia, Russia, Iraq, Kuwait, and Kazakhstan, recently decided to raise its collective output by 188,000 barrels per day, effective September 2026. This collective decision aims to balance global oil supply with demand. While Algeria's individual quota adjustments were not specified in the recent OPEC+ announcement regarding the collective increase, its production trajectory contributes significantly to the overall supply dynamics. Oman, another member of the alliance, also saw its quota increased by 5,000 barrels per day, reflecting tailored adjustments for individual nations. This collective effort by OPEC+ nations shapes the global crude oil market, where Algeria aims to solidify its position as a key producer alongside other significant players, contributing to the stability and supply of international energy markets.