Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Algeria to increase gas, oil production  Join our daily free Newsletter

MENAFN - 19/01/2014

No. of Ratings : 0
Add to Mixx!


 


(MENAFN) Algeria intends to increase natural gas production and oil output by 100 percent and 50 percent respectively within 10 years, The Peninsula Qatar reported.

The country's Energy Minister said that shale gas is to contribute to the ambitious production plan. The minister estimated Algeria's recoverable reserves at between 25 and 30 trillion cubic feet. "Algeria plans very seriously to double its gas production," he said.

"We are going to see how much we can extract," he added. However, he said that new finds would also allow the country to increase its oil production by 50 percent in the next 10 years decade.

 






  MENA News Headlines


 
Click to Apply






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help