Algeria Seeking Increase in Production Quota

Algerian Energy Minister, Chakib Khelil, is requesting a raise in its current oil production quota of 693,000 barrels per day. However, the energy minister has not cited a specific figure for the increase. "We instructed our governor to negotiate the highest quota," Khelil said, adding that Algeria has the ability to produce 1.1 million barrels a day.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles

Brent Crude Oil : $48.06/BBL 2.51%
Light Crude Oil : $45.77/BBL 2.17%
Natural Gas : $2.97/MMBtu 2.30%
Updated in last 24 hours