Petrochemical Industry In Algeria

4. The petrochemical Industry in Algeria:

Algeria’s petrochemical industry have been developed using hydrocarbon feedstock from its well-developed oil industry. The country‘s aim to produce an integrated. Wide -ranging petrochemical industry to reduce Algeria ‘s dependence on imports and increase the export of petrochemicals and fertilizers.The Algerian petrochemical industry is one the largest in Africa and contributes substantially to the country ‘economy and is dominated by Sonatrach, the Algerian national oil company which is responsible for the management of the country ‘s oil related industries . Through its subsidiary activities Sonatrach owns petrochemical facilities and fertilizer plants the first company was the enterprise national

Indeed, its natural wealth in oil, natural gas and other mineral resources. The energy sector is most important element of the development of the petrochemical industry and Algeria can gain the competitive advantage from low cost of feedback such as the Middle East countries from the Algeria is the vital natural gas producer in Africa, the second-largest natural gas supplier to Europe outside of the region, and is among the top three oil producers in Africa (US .Energy Information Administration EIA 2015 ). Algeria is one a member of the Organization of the Petroleum Exporting Countries (OPEC), it become in OPEC in 1969, the abundant of natura ressources led Algeria's economy is heavily dependent on revenues made from its hydrocarbon sector, which account for about 30% of the country's gross domestic product (GDP), more than 95% of export gettings, and 60% of budget revenues, according to the International Monetary Fund

However ,these facts are only the positive factors and should be considered together to achieve the development of the petrochemical industry as well as the whole industry in Algeria .Furthermore the natural resources become the source of the revenue rather than an opportunity to be developed to gain more value added.

4-2 The Significant government’s policies towards the petrochemical industry :

Although government dependence on revenue from the export of crude oil and natural gas ,the state has been ready to liberate itself from that reliance.however,the indicators do not reveal much in this look .However ,they have tried to develop the petrochemical industries to produce more value added products and have established an organization to pursue this policy. As a result the national Enterprise Sonatrach adopted a plan which aim three goals:

- Enhance hydrocarbon resources to meet the needs of the national market in petrochemicals

- Increase