Algeria’s 2020 Hydrocarbons Production To Shrink 8% Year-On-Year: Energy Minister

LRED

Sunday, December 20th, 2020

DubaiAlgeria’s oil and gas production in 2020 will total 143 million tons of oil equivalent, a decline of 8% from 2019, due the pandemic and slow economic growth, energy minister Abdelmadjid Attar said Dec. 19, according to the state-run Algeria Press Service. Exports in 2020 will fall to 82 million tons of oil equivalent, he added. APS didn’t provide a comparative figures for 2019.

Source: https://www.spglobal.com/platts/en/market-insights/latest-news/natural-gas/122020-algerias-2020-hydrocarbons-production-to-shrink-8-year-on-year-energy-minister


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