Algiers – Algerian state-owned company Sonatrach earned USD 16 billion with exports from January to May of this year, against USD 14 billion in the same period of 2017, an increase of 14.3%, said this Thursday (12), in Algiers, Algeria’s minister of Energy, Mustapha Guitouni. The information was published by news outlet Algérie Presse Service (APS).
He added that the country’s tax revenues with the oil sector reached DZD 1.19 trillion (USD 10 billion) in 2018’s first five months, against DZD 995 billion (USD 8.4 billion) in the same period of last year, an increase of 20%.
Translated by Sérgio Kakitani