Middle East Economic Survey

VOL. XLVII

No 25

21-June-2004

ALGERIA

Algeria Boosts Crude/Condensate Production in 1Q 2004 By 15.1%

Algeria increased its production of primary energy by 4.7% in 1Q 2004 compared to the same period in 2003, from 42.078mn tons of oil equivalent (toe) to 44.036mn toe, according to the Ministry of Energy and Mines. The increase was mainly accounted for by a 15.1% increase in crude oil and condensate output (the ministry does not disaggregate the two streams) to 18.581mn...