Algeria to raise oil output by 11,000 barrels a day


  • World
  • Friday, 06 May 2022

ALGIERS, May 5 (Xinhua) -- Algeria will raise its oil output by 11,000 barrels a day in June, Energy and Mining Minister Mohamed Arkab said on Thursday.

Algeria's daily oil production will increase from 1.013 million barrels to 1.024 million barrels, the minister was quoted as saying by the official television channel ENTV after the 28th OPEC and non-OPEC Ministerial Meeting.

The 23 countries at the meeting agreed to increase the block's oil output by an additional quota of 432,000 barrels per day in June, Arkab noted.

The next meeting will be held on June 2 to discuss the developments in the global oil market, the minister added.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 0
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In World

Pope says Church conservatives exploited death of ex-pope Benedict
Major earthquake strikes Turkey, Syria; about 300 dead, many trapped
In Syria, earthquake kills more than 100, injures hundreds
Australia's biggest state unveils plan for cashless poker machines
Major earthquake strikes Turkey, Syria; scores dead, many trapped
How navigation apps are adapting to new mobility options
Australia PM pushes for bipartisan support on Indigenous referendum
What are the ways to make money on Twitch?
Actor Viola Davis achieves elite EGOT status with Grammy win
HKSAR chief executive sees huge potential for expanding Hong Kong's cooperation with Mideast

Others Also Read