Middle East Economic Survey

VOL. XLIX

No 34

21-Aug-2006

REGIONAL

North Africa Accounts For 27% Of Eni’s 2005 Global Hydrocarbon Production

Italy’s Eni said in its 2005 Annual Report that 27% of its global oil and gas production came from operations in Algeria, Egypt and Libya. Total hydrocarbon production from North Africa averaged 480,000 boe/d, a 26% increase over 2004 (380,000 boe/d). Oil and gas condensate production in 2005 averaged 308,000 boe/d, an increase of 18%,...