1. WORLD BANK GROUP ENERGY WEEK 2006: Clean Energy for Development. OIL PRODUCING COUNTRIES & ENERGY SECURITY : An Algerian Perspective HE Dr Chakib KHELIL, Minister of Energy and Mines, Algeria. WASHINGTON D.C. March 6, 2006.

2. 2 1 - Oil producing countries contribution response; 2 - Algerian energy policy and its implications. Outline : World Bank Group Energy Week, Washington D.C, March 6, 2006.

3. 3 « Secure regular supply of oil to consumers » Set in its statutes and reaffirmed in its strategy, adopted by the Conference in September 2005; And : « Stabilize oil market and price ». World Bank Group Energy Week, Washington D.C, March 6, 2006. OPEC main objectives :

4. 4 1993 2002 - Proven Oil Reserves (G.bls) 775 882 - Crude oil Production capacity (mb/d) 26,5 31,2 - Crude oil Production (mb/d) 24,4 25,3 - Spare production capacity (mb/d) 2,1 5,8 - Refining capacity (mb/d) 7,4 8,9 World Bank Group Energy Week, Washington D.C, March 6, 2006. 1- OPEC Oil :

5. 5 1993 2002 - Proven Gas Reserves (G.M3) 58 000 88 000 - Gas Production (G.M3/y) 268 415 - Gas Exports (G.M3/y) 72 131 World Bank Group Energy Week, Washington D.C, March 6, 2006. 2- OPEC Natural Gas :

6. 6 1 – International Energy Forum (IEF) with Secretariat in Riyadh; 2 - Joint Oil Data Initiative (JODI); 3 – OPEC Bilateral dialogues ( IEA; EU; China; India; Russia…); 4 - OPEC Seminar. World Bank Group Energy Week, Washington D.C, March 6, 2006. Producers – Consumers Dialogue :

7. 7 2006 2010 - OPEC production capacity (mb/d) 33 38-42 - Required crude oil from OPEC (mb/d) 29 32 - OPEC spare production capacity (mb/d) 4 6-10 Continued dialogue (IEF Doha meeting in April; in Italy in 2008) World Bank Group Energy Week, Washington D.C, March 6, 2006. Near Term Prospects :

8. 8 1- Development of the hydrocarbon resource potential; 2- Promotion of a competitive domestic energy market; 3- Meeting environmental challenges. World Bank Group Energy Week, Washington D.C, March 6, 2006. Algerian energy policy objectives:

9. 9 Algeria’s Hydrocarbon Production, 1958-2004 (M.TOE) : World Bank Group Energy Week, Washington D.C, March 6, 2006.

10. 10 Total Investments in hydrocarbons, 2000-2010 ( G.US$) : 8,6 9,9 7,6 3,9 2,2 World Bank Group Energy Week, Washington D.C, March 6, 2006.

11. 11 2005 2010 Crude oil production (mb/d) 1,4 2,0 Natural gas exports (G.M3/year) 60 85 World Bank Group Energy Week, Washington D.C, March 6, 2006. Algeria’s prospects :

12. 12 1- Tested reliability and regularity; 2- Substantial proven reserves; 3- Flexibility in meeting hydrocarbon demand. World Bank Group Energy Week, Washington D.C, March 6, 2006. Security of supply : Algerian strategic responses

13. 13 - The ratio of flared gas to associated gas output declined from 80% in 1970 to 7% in 2005; - This share could be reduced to nil from 2010 onward. Steady reduction of flared Gas : World Bank Group Energy Week, Washington D.C, March 6, 2006.

14. 14 In Salah project (Sonatrach & BP): - Strip (CO2) from natural gas and re-inject it at depth of 1500 m. - Total volume sequestrated (one (1) million tons). - Project cost 100 Million US$. World Bank Group Energy Week, Washington D.C, March 6, 2006. CO2 sequestration :

15. 15 - OPEC will secure oil supply at stable, fair and sustainable prices; - Investments concern the whole petroleum chain; - Algeria is contributing for a better environment (oil & gas). World Bank Group Energy Week, Washington D.C, March 6, 2006. In summary: