ALGERIA PROJECTS PRODUCTION OF OIL PRODUCTS TO REACH 45 MILLION TONNES BY 2024
ALGIERS,– Algeria’s output of oil products is expected to reach 45 million tonnes per year by 2024 with the commissioning of refineries at Hassi Messaoud, Tiaret and Biskra, says Minister of Energy Salah Khebri.
Replying to question raised during a plenary session at the People’s National Assembly (lower House of Parliament) here Thursday, Khebri said that Algeria’s annual output of oil products — petrol, diesel oil and other fuels and products — had reached 30 million tonnes per annum following the revamping of the refineries at Skikda, Algiers and Arzew, which allowed the country to reduce its imports of these products.
Algeria’s output capacity will increase by 15 million tonnes to reach 45 million tonnes with the commissioning of the refineries of Hassi Messaoud and Tiaret in 2020 and that of Biskra in 2024, explained Khebri.
This output volume will help meet domestic requirements needs as well as a surplus for export, he added.
The minister said national fuel consumption went up by 6.6 per cent between 2010 and 2015, mainly as a result of the increase in the number of vehicles, which made the authorities resort to imports to meet the growing demand.
In order to remedy the situation, the government took a series of measures aimed at rationalizing consumption by increasing the prices of petrol and diesel, and encouraging the use of liquefied petroleum gas (LPG).
Source: Name News Network