VOL. XXXIV
NO. 40
8-JULY-1991
Algeria
Sonatrach Reports Earnings of $12.3bn in 1990
Algeria's state-owned hydrocarbons company Sonatrach reported foreignearnings of $12.3bn during 1990, an increase of 35.2% over the 1989 foreignearnings of $9.1bn (as reported by the Algerian Central Bank). Liquidhydrocarbons earned $8.8bn, while gas hydrocarbons earned $3.5bn.
According to figures released by Sonatrach, Algeria produced a total of 161mntons of oil equivalent (toe) of hydrocarbons during 1990. Of...
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