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New oil discoveries in Algeria
Algeria, Business, 1/12/2000

The Algerian company for fuels, Sonatrach, on Tuesday announced a new oil discovery in Hase Tarfeh, 50 km southwest of Hasi Nasoud, one of the biggest oil fields in the Algerian desert. The Algerian official news agency quoted a high-ranking official as saying that the oil well which was explored in Hase Tarfeh has an average oil flow of 60 barrels of oil and 1,258 cubic meters of gas per hour.

Previous Stories:
  Canadian oil company to invest in Algeria   (11/22/1999)
  Iraq, Algeria agree to continue to reduce petroleum exports   (9/20/1999)
  Elf acquires interest in Algerian venture   (9/16/1999)

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