VOL. XXXIX

No. 9

27-November-1995

ALGERIA

Algerian Revenue From Hydrocarbon Exports Estimated At $9.4Bn In 1995

The Algerian Minister of Finance, Mr. Ahmad Benbitour, has estimated Algeria's earnings from hydrocarbon exports in 1995 at $9.4bn. In remarks made during the presentation of the 1996 budget proposals to the National Transitional Council, Mr. Benbitour said these earnings would rise to $10.4bn in 1996, based on an average oil price of $15.5/B. Hydrocarbon exports in 1994...