Algeria's oil and gas exports and output down around 10% in 2020

Overall energy output fell 10% to 142mln tonnes of oil equivalent, hit by restrictions linked to the coronavirus pandemic

  
A view of a liquefied petroleum gas refinery in Arzew near the western city of Oran July 30, 2007.

A view of a liquefied petroleum gas refinery in Arzew near the western city of Oran July 30, 2007.

REUTERS/Zohra Bensemra

ALGIERS  - Algeria's oil and gas export volumes fell 11% in 2020 to 82.2 million tonnes of oil equivalent (toe), and revenues fell 40% to $20 billion, the energy ministry said on Sunday.

Overall energy output fell 10% to 142 million tonnes of oil equivalent, hit by restrictions linked to the coronavirus pandemic, it said in a report.

Output of refined oil products fell 1.6% to 28 million tonnes, while production of liquefied natural gas fell 11% to 24 million cubic metres due to maintenance work.

Oil and gas account for 60% of Algeria's state budget and 94% of its total exports.

(Reporting by Hamid Ould Ahmed; Editing by Kevin Liffey) ((hamid.ouldahmed@thomsonreuters.com;))

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