Algeria risks losing 87% of its oil revenues by 2030 and Nigeria 60%, according to E3G

According to a study by the British think tank E3G, Algeria could see its oil revenues drop by 87% by 2030, while Nigeria could lose over 60%. The report, based on scenarios developed with experts, anticipates a plateau in global oil demand over the next decade. Algeria, already highly dependent on hydrocarbons, is considered particularly vulnerable due to its lack of economic diversification.