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    Platts: Algeria's H1 oil, gas exports edge down to 50.59 million mtoe: Central Bank

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Algeria's oil and gas exports in the first half of this year fell 1.09% year on year to 50.59 million mt oil equivalent (2.06 million boe/d) from 51.11 million

by: Sruthi

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Press Notes, Africa

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Platts: Algeria's H1 oil, gas exports edge down to 50.59 million mtoe: Central Bank

Algeria's oil and gas exports in the first half of this year fell 1.09% year on year to 50.59 million mt oil equivalent (2.06 million boe/d) from 51.11 million mtoe, the country's central bank said Monday.

The Bank of Algeria said crude exports for the period fell 3,528 mt year on year, while refined oil product exports rose 2,937 mt over January-June.

Meanwhile, a 2,631 mtoe (573,000 Mcf/day) decline in exports of pipeline gas were offset only partially by a 1,837 mt (490,000 Mcf/d gas equivalent) increase in LNG exports.

The total value of Algeria's hydrocarbon exports in the first half of this year fell 1.37% year on year to $31.83 billion from $32.27 billion, the bank reported.
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