First Independent Mena Newspaper
The Algerian government has indulged in telling half-truths by focusing on value of gas exports instead of the volume which has dropped 10% to 49.3 billion cubic meters in 2022, down more than 5 bcm from 2021. The drop confirms forecasts that Algeria- which already lost its status as an oil country- will lack capacity […]
Algeria’s finances face dim prospects triggered by a sharp drop in its key source of revenue, gas exports, which are expected to drop from 45 billion cubic meters in 2020 to 26 billion in 2025. The figure was unveiled by energy minister Abdelmadjid Attar who was speaking to local media. He said the decline is […]