VOL. XLIII
No. 43
23-OCTOBER-2000
ALGERIA
Sonatrach Records Bumper Revenues For 1H 2000, Predicts $20bn Total By End 2000
Algerias state-owned Sonatrach has earned $10.168bn in hydrocarbon export revenues in the first half of 2000, an increase of 111% over earnings in the same period of 1999, and expects the figure to increase to $20bn by the end of the year, company chairman Abdelhak Bouhafs announced in Algiers on 16 October. Mr Bouhafs attributed the increase to higher production and prices,...
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