Algeria Makes Oil And Gas Discoveries, Set To Break 2010 Record

Algeria’s state energy conglomerate, Sonatrach, has announced that it has made six oil and gas discoveries in the first quarter of this year.

They have yielded more than 1.5 million cubic metres of gas as well as smaller amounts of oil.

Sonatrach made seven discoveries for the whole of last year.

It has also announced it will produce 200 million tons of oil equivalent this year, an amount not achieved since 2010.