No 31



Anadarko Sees Net Algerian Output At65,000 B/D Over Next Two Years

USindependent Anadarko Petroleum told analysts on 26 July that it expected netoil production in Algeriato average about 65,000 b/d in 2003 and 2004. The company produced an average61,000 b/d of equity oil in Algeriain 2Q02, compared with an average 17,000 b/d in 2Q01. Anadarko President andCEO John Seitz said: We have been constrained by the OPEC quotas. We arecalled by Sonatrach every month...