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Energy: Algeria, 3rd largest investor in MENA region from 2013-2017

WASHINGTON- Algeria will be the third largest investor in energy sector in the MENA (Middle East and North Africa) countries over the next five years, said Monday financial and economic news agency Bloomberg.
"With a spending of USD71 billion expected in the energy sector over the period between 2013 and 2017, Algeria rank third after Saudi Arabia (USD165 billion) and the United Arab Emirates (USD107 billion), said Bloomberg.Over the next five-year period, Algeria will rank ahead of Iran, Iraq, and Qatar in terms of investments, in a list of 19 producing countries in the region.
The total financial investment to be devoted by MENA gas producing countries to energy sector will reach USD140 billion over the period between 2013 and 2017.

(APS) mardi 9 octobre 2012 

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