NO. 18



Algerian Oil Production Down, Gas Up, in 1992

Algeria's crude oil production in 1992 amounted to 35mn tons (748,000 b/d atthe rate of 7.8 barrels per ton for Algerian 44 API gravity crude) compared to35.9mn tons (767,000 b/d) in 1991, a decline of 2.5%, according to preliminary Sonatrach statistics published in the 25 January issue of Petrostrategies.However, production of natural gas last year peaked to a record 110 bn cu. ms.,compared to 107.5 bn cu. ms....