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About North Africa Risk Consulting

North Africa Risk Consulting Inc. is the political risk consultancy specializing exclusively in North Africa & the Sahara. NARCO helps firms navigate Maghreb markets. Ongoing events in North Africa and the Sahara have heightened the need to understand political circumstances, their trajectories and implications for the commercial environment. Learn more about North Africa Risk Consulting.

Algeria is potentially planning an oil and gas licensing round for spring 2023. The timing might just be right for Algeria to knock the cover off the ball. Algeria’s last licensing round was in September 2014, and it was a massive flop. But that was years ago and a world away.

Someone has blown up the Nord Stream 1 and 2 pipelines. Norway is deploying its Navy to protect offshore oil and gas installations. Worries about the vulnerability of the two-day old Baltic Pipe Project are increasing. And Algeria is sitting pretty.

These days everyone is engaging with Algeria. They all want something. But what they want is not the same. Sixty years after the first one ended, there’s a new battle for Algiers.

As King Mohammed VI said during his speech commemorating the 23rd anniversary of his ascension to the throne, Morocco and Algeria are indeed “two brotherly peoples, who are bound by...a common destiny,” just maybe not the one he is envisioning.