Middle East Economic Survey

VOL. LIII

No 12

22-March-2010

Algeria To Push For Gas Output Cut

Algeria will present to members of the Gas Exporters Countries Forum (GECF), when they meet in Oran, Algeria on 19 April, a proposal to cut supplies to the global spot market in a bid to support prices, Algerian Minister of Energy and Mines Chakib Khelil indicated on 16 March. The proposal, if acted on, would mark a first producer-led production cut in gas industry history. While concrete action at this...