Algeria's state utility Sonelgaz sees an “urgent” need to tap international markets to fund capacity expansion. With gas supplies for electricity increasingly problematic, Algiers is making renewables a “national priority.”

Noureddine Boutarfa, chief executive of Algeria’s state electricity and gas utility Sonelgaz, says that the company plans as a matter of urgency to approach the international capital market to fund its investment program.

“Our...