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Algeria to earn US$31b from oil and gas in 2004

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  • Algeria to earn US$31b from oil and gas in 2004

    ALGIERS : Algeria's exports of oil and gas will bring in over US$31 billion (24 billion euros) in 2004, Energy Minister Chakib Khelil said.

    Total sales for the first 11 months of the year had come to US$29 billion, the APS news agency said, quoting Khelil.



    Oil and gas exports account for over 96 percent of Algeria's hard currency export earnings. - AFP

    A government that robs Peter to pay Paul can always depend on the support of Paul.
    By: George Bernard Shaw

  • #2
    the happiest one is Boutef et les genereux oh! sorry les generaux

    algerian people are paying it on their power bills, enapal bills, drug bills .....


    el fahem yefham

    Comment


    • #3
      Originally posted by 3rdTroop
      the happiest one is Boutef et les genereux oh! sorry les generaux

      algerian people are paying it on their power bills, enapal bills, drug bills .....


      el fahem yefham
      Saha 3d_troop

      Well Algeria.com is space of free speach , good to give your opinion,

      but you know am not Aarmy "GENERAL" nor Bouteflika, but believe me I`m and probably most Algerians are very happy to read this news. hope to read such News ever morning.

      Here is the today news:
      Guess what the new pipline will not pass by Morocco...Short CUT

      ALGERIE-ESPAGNE
      La réalisation de «Medgaz» débutera en juillet

      Today in Algeria

      * l’occasion de la révision du plan énergétique espagnol 2002-2011.
      Le ministre espagnol a, en outre, souligné que «Medgaz» garantira l’approvisionnement de l’Espagne en gaz naturel d’autant que le marché espagnol est fortement demandeur de cette source d’énergie. De son côté, M. Chakib Khelil a affirmé que les deux délégations ont relevé l’excellence des relations algéro-espagnoles dans le domaine de l’Energie comme en témoigne le projet stratégique «Medgaz» ou encore la réalisation par la compagnie Repsol-Gas Natural du projet gazier intégré de Gassi Touil dans le sud algérien. Le ministre algérien a, en outre, affirmé que les travaux de réalisation du gazoduc trans-méditerranéen «Medgaz» débuteront en juillet.
      Le gazoduc sous-marin en projet doit partir de la région de Béni-Saf et aboutir * Alméria, en Espagne, pour transporter, * partir de 2007 vers l’Espagne et vers d’autres clients européens, un milliard de m3/an, dans sa phase de démarrage, avant d’atteindre sa capacité de 4 milliards de m3/an. Le coût du projet est estimé, par le consortium international chargé de le réaliser, * 600 millions d’euros.

      F-
      -
      A government that robs Peter to pay Paul can always depend on the support of Paul.
      By: George Bernard Shaw

      Comment


      • #4
        Saha fortunato,
        Merci encore pour ces nouvelles, et bien répondu!

        Comment


        • #5
          So Algeria is a rich country flush with petro-dollars,
          like Saudi Arabia/Kuwait...!

          What is the per capita income?

          Comment


          • #6
            where is the money? can someone show it to me
            Algeria United!!!

            Comment


            • #7
              Originally posted by sania
              So Algeria is a rich country flush with petro-dollars,
              like Saudi Arabia/Kuwait...!

              What is the per capita income?
              Hello Sania
              It is very old threat but still the same situation
              I did not said that, "flush with petro-dollars"?? Algeria has a very small reserve and quota compare to the Gulf countries and other OPEC countries and non OPEC countries, here is an exemple of the Algeria vs. the countries you mention, and for sure you dont need to be a very clever to see that oil production is very small if u compare to the population, Kuweit for exemple has only 2 million ppl, but has as much production as Algeria, we Algerian have 13 time more pupulation and our GDP is 10 time less than kuweit for exemple............

              Algeria
              Population : (inhabitants)------- 31,8 Milions
              GDP per capita ------------------ ($)1,766
              Value of exports (million $)----- 24,105

              Kuweit:
              Population ( inhabitants)-------- 2,4 Milions
              GDP per capita ------------------ ($)17,942
              Value of exports (million $)----- 20,287

              Saudi Arabia
              Population ( inhabitants)------ 22,6 Milions
              GDP per capita ------------------ ($)9,327
              Value of exports (million $)----- 92,029

              Ciao
              A government that robs Peter to pay Paul can always depend on the support of Paul.
              By: George Bernard Shaw

              Comment

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