VOL.XL
No.10
10-March-1997
ALGERIA
AlgerianOil Production Capacity To Rise To 1.4Mn B/D In 2000
Algerianhydrocarbon reserves at end-1996 exceeded 9bn tons (around 6.9bn barrels) ofcrude oil and 5 trillion cubic meters (176 trillion cubic feet) of natural gas,Energy and Mines Minister Ammar Makhloufi told a press conference held inAlgiers on 23 February. Mr. Makhloufi added that proven and probable reservesdiscovered during 1996 totaled 168mn tons of oil equivalent, and that 10 fieldswere...
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