Algeria has enjoyed an upturn in both oil and gas production in recent months, according to data published by the government. Crude oil production increased to 1.14mn b/d in November 2016, up from 1.06mn b/d in the first half of 2016 and average 2015 output of 1.05mn b/d (MEES estimates peg the gains at more modest levels).
Overall oil and gas production was up 0.5% in the second quarter of 2016 and 3.6% in the third quarter, with a year on year increase of 0.8% for the first nine months of 2016, according to the government figures. (CONTINUED - 2794 WORDS)