Algerian Output Holds Steady

摘要

The chief executive of Algeria's state Sonatrach, Noureddine Cherouati, said Tuesday that the country's oil production would hold steady in 2011 at roughly the same rates as in 2009 and 2010. Energy In- telligence estimates Algerian output at just over 1.2 million b/d in December. He also reaffirmed that the country has the capacity to meet market demand for gas and fulfill its supply contracts, despite the govern- ment's decision to shut its oldest LNG plant 's the GLZ4 or Camel facility - last year. LNG production last year was 31 Bcm, Reuters reported Cherouati as telling a press conference.