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Monday, September 16, 2019 5:5 GMT
As pro-democracy protests continue to rattle the Algerian regime, Algeria marches ahead to an economic disaster as domestic energy consumptions nears levels of gas and oil production. Since 2007, Algeria’s consumption of oil and natural gas has risen by more than 50 % while its oil production has fallen by 25 %. With less oil available for export, the government’s revenues have been hit hard, Stratfor consultancy said in a report on Algeria’s economic prospects. Oil and gas represent 95% of...More