Algeria Expects Production Increase in July

Wednesday, May 20, 2015

Algeria is expecting a 32,000bpd increase in crude oil production starting in July. The increase will come from the start of production from two fields, according to the state-run oil and gas firm Sonatrach.

The new production increase will come when the BirSebaa field starts producing 20,000-25,000 bpd of crude in addition to 12,000-15,000 bpd from the Bir El-M’sena field, Sonatrach interim chief Said Sahnoun said, according to the official news agency APS.

According to Sahnoun,Algeria saw production rates for the first four months of 2015 remain unchanged when compared to the same period in 2014.

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