ALGERIA COURTING FOREIGN HELP IN BOOSTING OIL, GAS OUTPUT

Algeria is aggressively courting foreign investment in its upstream sector to support ambitious targets for oil and gas exports through the turn of the century. Algeria hopes to maintain its hydrocarbon exports through the medium term at about 1.7 million bbl of oil equivalent (BOE)/day and increase that to 2.4 BOE/day by 2000. Underpinning those goals are efforts to boost recovery of liquids from existing wet gas fields, further development and enhanced recovery programs in existing oil and

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