Middle East Economic Survey

VOL. XLVIII

No 7

14-February-2005

ALGERIA

Algerias 2004 Oil Production Averaged 1.27Mn B/D

Algerias oil production increased by 14% in 2004 to reach 59.3mn tons (1.27mn b/d), according to Sonatrachs 2004 Annual Report. (MEES estimated Algerias annual production at 1.242mn b/d MEES, 17 January). Natural gas production rose by 5% to reach 144.3bcm, while LNG production fell by 15% due to the explosion at the Skikda plant in January 2004 (MEES, 26 January 2004)....