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Algeria (in English and Arabic)

Journal Article · · Diaruna Wal Alam Suppl; ()
OSTI ID:5928476
Algeria's hydrocarbon industry accounts for 98% of the nation's export earnings, 60-70% of the government's revenues, and 33% of the gross domestic product. Although oil production has declined, it will be replaced by production from Algeria's gas reserves, which rank fourth largest in the world. Official estimates put associated gas reserves at 20 trillion CF and nonassociated reserves at 99.57 TCF. By indexing the price of gas to the price of oil, Algeria plans to receive more realistic revenues for its gas exports. International trade is not the only outlet foreseen for Algerian reserves: by the year 2000, 77% of the gas output will be consumed domestically as the contribution of gas to overall energy requirements grows from 44% in 1979 to 60% in 1990, and the level of energy consumed triples during the same period, rising to 42 million tons/yr of oil equivalent.
OSTI ID:
5928476
Journal Information:
Diaruna Wal Alam Suppl; (), Journal Name: Diaruna Wal Alam Suppl; () Vol. 31
Country of Publication:
United States
Language:
English and Arabic

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