•  Opec member Algeria has been struggling to maintain its oil output levels. Average crude production of 1.11mn b/d for 2016 was down 40,000 b/d on 2014 (though up a touch on 2015 - MEES,  6 January).

•  The country’s upstream oil projects pipeline is almost bare: the 40,000 b/d oil phase of Eni’s ‘Central Area Field Complex’ (CAFC) is the only start-up expected this year.

•  This has left Algeria reliant on enhanced oil recovery...