VOL. XXXVIII

NO. 24

13-MARCH-1995

Algeria

Anadarko To Start Production From Algeria In 1996 At Initial Rate Of30,000 B/D

The US firm Anadarko Petroleum Corp. announced last week that it has made anew oil discovery in Algeria and that it expects to start production in 1996 atan initial rate of 30,000 b/d. The firm estimates its reserves at around 8501,250mn barrels of crude oil, indicating that these are preliminary estimatespending further drilling and production information.

According to a...