Middle East Economic Survey

VOL. LI

No 21

26-May-2008

ALGERIA

Algerias Hydrocarbon Revenues Could Average $80Mn In 2008, Says Khelil

If oil prices stay at their current level, Algerias hydrocarbons revenues could average $80bn for the whole of 2008, Minister of Energy and Mines Chakib Khelil told El-Watan newspaper on 20 May. Algerias revenues from hydrocarbons exports amounted to $27.2bn for the first four months of 2008, a 56% hike over the same period last year, added Mr Khelil. Hydrocarbons...