VOL. XLI

No. 50

14-December-1998

ALGERIA

Anadarko Revises Algerian Production Forecasts

Anadarko has released a new production profile for 1998-2002 thatoutlines lower near-term growth but higher production targets for the post-2000 period,according to a Goldman Sachs Investment Research released last month. The report says thatoutput levels over 1999-2001 will be lower than previously forecast, given the delays inselecting an oil service contractor for the development of HBNS phase II, which was...