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35% of petroleum derivatives are produced locally, and the percentage is expected to rise

May 20, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
35% of petroleum derivatives are produced locally, and the percentage is expected to rise

Professor of Economic Sciences at the University of Algiers 3 and economic analyst Houari Tigersi revealed that Algeria currently produces about 35 percent of petroleum derivatives, with expectations to raise this percentage to 50 percent over the next two years, as part of a national strategy aimed at developing manufacturing industries and reducing dependence on imports. Tigersi explained, during his appearance on the program 'Guest of the Morning' on Radio Channel Two, that the new direction falls within the implementation of the directives of the President of the Republic aimed at accelerating the completion of major economic projects, especially in the field of petrochemical and chemical industries. Watch the full content on Echourouk Online.

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