Fall in Algeria’s Oil & Gas Exports

published:19/09/2018 05:07 GMT

OPEC member Algeria's oil and gas export volumes fell 2.8 % in the first quarter from a year earlier, weakened by a drop in output and higher domestic consumption, the energy ministry said. Algeria has struggled to boost its production and sales of energy, the main source of income, accounting for 60 % of the budget and 94 % of total exports. Overall oil and gas exports reached 27.7 million tons of oil equivalent in the first three months, the ministry said in the latest edition of its...More