2 facts
Discover the fascinating world of oil, from its formation to its vital role in global energy and modern industries. Explore its diverse uses and impacts.
Commercial oil extraction began in 2003, leading to a major shift in Chad's economy, which was historically reliant on agriculture. The country became an oil exporter, though the benefits have been unevenly distributed across its population.
With significant reserves, Algeria is a leading exporter of natural gas to Europe and a prominent member of OPEC. The hydrocarbons sector forms the backbone of its economy, accounting for a large portion of its GDP and export earnings, crucial for national development.
