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Lower Crude Target Enables Higher Algeria Gas Exports


Algeria’s crude output decline back below 1mb/d in line with OPEC+ commitments has enabled a focus on maxing gas exports according to MEES.

  • The production cut from 1.007mb/d to 0.959mb/d following on from a previous 50kb/d cut last November allows output at its mostly ageing fields to pull back from likely unsustainable high production levels.
  • Algeria can fulfil its commitments to boost gas exports with less of a need for gas reinjection to maintain crude output.
  • Algeria oil fields require the injection of huge quantities of gas to maintain pressure and output.

Source: MEES

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