VOL. XLIV

No 43

22-October-2001

ALGERIA

Stronger Gas Prices RaiseSonatrach Revenue In 1H 2001

Sonatrach reported a 3% increasein total export revenues to $10.491bn in the first half of 2001, up from$10.185bn in the same period of 2000, according to a statistical report fromthe Ministry of Energy & Mines issued in September. The increase in exportrevenues resulted from a 14.8% rise in gas revenues to $4.89bn, whileliquids-related export revenues fell by 5.5%, the statistics show. Gas pricesare...