ALGERIA
Diversification Stabilizes Algeria's Hydrocarbon Revenues
According to the semi-official Algiers daily al-Moudjahid, Algeria's earnings from exports of hydrocarbons remained steady at $12t8bn in 1985, despite the deterioration in the crude oil market during the year. The paper attributed this stability to the diversification of the country's hydrocarbons exports, pointing out that last year crude oil accounted for 26% of export sales, natural gas and LNG for 24%,...
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