HYDROCARBONS: Spurring development
The government's aim of increasing oil production to 2 million barrels a day (b/d) by 2010 from about 1.4 million b/d in 2006 has come under increasing scrutiny in recent weeks. Reports are circulating that state energy company Sonatrach is conducting a review of its targets that may see it reduced to nearer 1.6 million b/d. Sonatrach officials have steadfastly denied the rumours, but the consensus is that it would be a realistic reappraisal of an ambitious target.
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