ALGIERS, May 14, 2008 (AFP) - Algeria on Wednesday announced 45 billion dollars (29 billion euros) of investment in energy production, with ambitious targets for oil and gas output in less than two years. In an interview carried by national press agency APS, originally given to the British...
Algeria has undertaken a $45.6 billion investment programme for the period 2007-2011 to increase domestic hydrocarbons production, Algeria's Energy and Mines Minister Chakib Khelil said in an interview. The country plans to increase oil production from 1.4m to 2m barrels per day and gas output...