Algerian Oil.

Algeria on the North Coast of Africa, has large oil and gas reserves. The land mass of Algeria makes it one of the largest countries in the world.

With a troubled political past, today it  has some level of stability.

As the demand for oil intensifies, countries with oil could potentially enjoy great wealth. Sonatrach is the Algerian state oil producers, and is the largest company in Africa.

[http://www.sonatrach.com/]

Algeria today produces 1,667,000 barrels of oil per day.

With oil at $86.54 = £53.96, one can calculate the value of Algerian Oil Production per day.

1,667,000 barrels of oil per day x £53.96 = £89,951,320

That is £89 million a day.

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