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    Home > Chemicals Industry > International Chemical > Algerian oil and gas exports fell by 11% in 2020

    Algerian oil and gas exports fell by 11% in 2020

    • Last Update: 2023-01-03
    • Source: Internet
    • Author: User
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    Algeria's oil and gas exports fell 11 percent in 2020 to 82.
    2 million mt of oil equivalent, and revenue fell 40 percent to $
    20 billion, Algeria's energy ministry said on Sunday.

    Total energy production fell 10 percent to 142 million tonnes of
    oil equivalent due to restrictions related to the coronavirus pandemic, the report said.

    Production of refined products fell 1.
    6 percent to 28 million mt, while LNG production fell 11 per cent to 24 million cubic metres
    due to maintenance work.

    Oil and gas account for 60 per cent of Algeria's national budget and 94 per cent
    of its total exports.

    Algeria's oil and gas exports fell 11 percent in 2020 to 82.
    2 million mt of oil equivalent, and revenue fell 40 percent to $
    20 billion, Algeria's energy ministry said on Sunday.

    Total energy production fell 10 percent to 142 million tonnes of
    oil equivalent due to restrictions related to the coronavirus pandemic, the report said.

    Production of refined products fell 1.
    6 percent to 28 million mt, while LNG production fell 11 per cent to 24 million cubic metres
    due to maintenance work.

    Oil and gas account for 60 per cent of Algeria's national budget and 94 per cent
    of its total exports.

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