NARCO Analysis: Algeria Shale Gas Risks
Shale gas protests are posing problems in southern Algeria, but shale exploitation will likely continue.
North Africa Risk Consulting, Inc. is a political risk firm specializing in North Africa & the Sahara. NARCO has extensive experience helping firms navigate Maghreb markets. Recent events in North Africa and the Sahara have heightened the need to understand political circumstances, their trajectories and implications for the business environment. Learn more about North Africa Risk Consulting.
Despite French President François Hollande’s professed shock, and without intending to diminish the tragedy of Wednesday’s terror attack in Paris and the seriousness of the ongoing crisis, those of us at the intersection of France, North Africa, and Islamist extremist violence were not very much surprised by what has transpired.
It was great to catch up with so many of you in person last week in Algiers at the oil and gas conference and in Casablanca and Rabat.
The below is a little bit of a departure from the usual NARCO Notes and NARCO Closeholds. Just wanted to briefly touch on some salient points from the Algiers event.
North African countries continue to follow increasingly divergent paths and defy discernible regional trends. Each country is following a different political trajectory and their oil and gas sectors continue to diverge. If there is one commonality, it is increased threats posed by ISIS supporters. But even then, this differs from one country to the next.