The income generated by the Algerian oil company Sonatrach from natural gas and oil exports. Due to the new type of coronavirus (Covid-19) outbreak, it is expected to decrease by $ 10 billion this year.

The company’s exports decreased by 41 percent as of September compared to the same period of the previous year.

Algerian authorities estimate that income from natural gas and oil will decrease by $ 10 billion this year. The company’s export revenue, which was recorded as 33 billion dollars last year.

It is expected to decline to $ 23 billion this year due to the contraction in energy demand after the Covid-19 outbreak. Since the Algerian economy is based on energy exports, it is seriously affected by the fluctuations in the fuel markets.