Algeria to Increase Gas Exports to Offset Low Crude Revenues

Algeria to Increase Gas Exports to Offset Low Crude Revenues

In order to offset low oil prices, Algeria is looking to increase natural gas exports, Reuters reported based upon local media accounts.

The country will increase natural gas production by 10 million cubic meters (mcm) within two months, according to Reuter’s sources. The natural gas will be produced from the Hassi Messaoud field.

The Hassi Messaoud field is Algeria’s largest oil field and is located in eastern Algeria. It is operated by Sonatrach, a state-owned Algerian company.

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