VOL. XL
No. 04
27-January-1997
ALGERIA
Algerias Oil/Gas Exports Rose To $12.5Bn In 1996
The actual value of Algerias exports of oil andgas rose 29% to $12.5bn in 1996 from $9.7bn the previous year as a result of higher oilprices, according to the Algerian Minister of Energy and Mining, Mr. Ammar Makloufi.Algeria earned an average of $21.50/B for its oil exports in 1996 against a budgetedfigure of $16-17/B, he added. The government has projected the value of non-oil exports at$538mn in 1996, up...
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