Exports of oil and natural gas increase by 25%, amounting to 7.1 billion USD

Umm Qasr, IRAQ: A ship is connected to the Basra Oil Terminal twelve nautical miles off the Iraqi coast in the waters of the Northern Arabian Gulf close to the port town of Umm Qasr 08 August 2006. The terminal is the main source of Iraq's revenues, a key supplier to the global energy market and an obvious target for insurgents aiming to thwart the country's economic recovery. AFP PHOTO/POOL/THAIER AL-SUDANI (Photo credit should read THAIER AL-SUDANI/AFP/Getty Images)
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Exports of oil and natural gas have increased by 25% in the first two months of the year amounting to 7.1 billion USD against 5.67 billion USD for the same period in 2017, highlighted Prime Minister Ahmed Ouyahia.


“2017 was a tough year, but 2018 would be much better”, said Ahmed Ouyahia. Last year, the unemployment in Algeria rose to 11.7%.

As long as the presidential elections are concerned, the official revealed that he did not intend to run for the presidency.





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