Italy’s Eni to boost natural gas production in Egypt
Italian energy company Eni plans to boost natural gas production in Egypt by 200 million cubic feet per day starting
In 2023, Algeria's expenditure in the energy sector surpassed $9 billion, marking an increase from $8 billion the previous year, according to statements made by Mohamed Arkab, the Algerian Energy Minister, on Monday.
Additionally, he noted that the revenue from fuel exports saw a 16% reduction, falling to approximately $50 billion, primarily as a result of the decrease in the average oil price.
Sign up for the weekly newsletter and get our latest stories delivered straight to your inbox.