Algeria (in English and Arabic)
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; (), Vol. 31
- Country of Publication:
- United States
- Language:
- English and Arabic
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Related Subjects
02 PETROLEUM
ALGERIA
NATURAL GAS INDUSTRY
PETROLEUM INDUSTRY
NATURAL GAS
RESERVES
PETROLEUM
EXPORTS
INCOME
PRODUCTION
AFRICA
DEVELOPING COUNTRIES
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
INDUSTRY
RESOURCES
030100* - Natural Gas- Reserves- (-1989)
020100 - Petroleum- Reserves- (-1989)