Even with the agreement of the Organization of petroleum exporting countries (OPEC), Algeria's Sonatrach oil company will increase its production of oil in 2017. However, it will be honored the reduction agreed by OPEC, according to the State's Director-General, Amin Mazuzi.
The company will comply with the reduced production at 50,000 barrels per day, which does not prevent the annual production exceeds 200 million tonnes of oil equivalent from 2016. Both the gas along oil represent 97% of the exports of Algeria.
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