Algeria's gas exports this year are expected to drop by 4.7%, energy minister Abdelmadjid Attar told Reuters, hit by reduced demand from Europe and competition from cheaper U.S. supplies. The North African country, which derives 95% of its foreign revenue from oil and gas sales, is expected to export 41 billion cubic metres of gas this year, down from 43 billion cubic metre in 2019, the minister said. Oil and gas revenue amounted to $33 billion in 2019 and is forecast to be $23 billion this year. Total gas output will reach 126 billion cubic metres, versus 127 billion cubic metres in 2019, Attar said, with production ... (full story)