USD 80.5268

-0.16

EUR 93.3684

-1.09

Brent 66.42

-0.27

Natural gas 2.801

-0.01

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American Study Yields Amazing Results

$50-$75 billion will be invested over the next ten years in....

American Study Yields Amazing Results

$50-$75 billion will be invested over the next ten years in Algerian gas, making it the most important economic axis in North Africa. This is according to a report published by Houston's Specialized Studies Center.

The report was based on studies and expert reports on the nature of the recently discovered large oilfields, such as Bourkine, Grand Erg, Illizi, Reggane basins, existing installations and the pipeline networks.

The report expected gas production to see great development and could double with the development of projects in In Salah, In Amenas, Gassi Touil and new oilfieleds.


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