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Algeria's oil and gas revenues reached 34.5 billion dollars in the first 10 months of this year

Source: Internet
Author: User
Keywords This year Algeria Algiers
Tags company data economy growing released
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Algiers, November 29 (Xinhua) Algeria's oil and gas revenues amounted to $34.5 billion in the first 10 months of this year, according to data released by the Algerian national oil and gas company on 29th.　　Earlier this year, Shakib Halil, the Algerian Minister of Energy and Mining, had expected oil and gas revenues to reach $40 billion this year.　　Algeria's crude oil Nissan capacity of 1.45 million barrels, and under the OPEC (OPEC) Nissan limit, currently its actual Nissan crude oil 1.2 million barrels. Algeria's economy is in the forefront of Africa, but its economic development relies heavily on the oil and gas industry. Over the years, the oil and gas industry accounted for about 30% of the gross domestic product, and taxes accounted for about 60% of the country's revenue.

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