Gulf Oil and Gas accountACCOUNT

Oil Price will be Stable in December

Source: Algeria Times 8/2/2016, Location: Africa

Algeria’s energy minister Nourredine Bouterfa said the Public Treasury will not be affected by oil price decrease and the market will be stable again by the end of December.

“Starting from the end of April, oil price has decrease in the international market. This will not affect Algeria’s financial capacities. Talks will be held between the government and the OPEC’s members to have control over the situation,” said the minister.

He added that talks will be held with European countries to pay expired gas conracts.

“Algeria’s gas production capacity will increase by 30 percent in 2019,” he said.

For more information about related Opportunities and Key Players visit Algeria Oil and Gas Projects

Investment News in Algeria >>

Egypt >>  10/8/2019 - Egypt’s ministers of investment and electricity inked two grant agreements with the French Development Agency (FDA) that aim to boost Egypt’s energy a...
Egypt >>  10/4/2019 - Egypt and two world companies discussed boosting cooperation in the mining domain...

Egypt >>  9/29/2019 - Minister of Petroleum and Mineral Resources Tareq el Molla has said the Egypt Petroleum Show (EGYPS 2020) is expected to open up new horizons for luri...
Israel >>  9/23/2019 - Delek Group has provided an update concerning negotiations with potential investors to make an equity investment in the parent company of Ithaca Energ...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Algeria Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2019 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.