According to the Ministry of Finance, transfers to EDL increased by a yearly 3.3% to reach $2.09B during year 2014. In hindsight, reimbursements for the purchase of gas and fuel from the two suppliers KPC and Sonatrach went up by a yearly 4.5% to $2.07B up to December 2014. In contrast, payment of debt services dropped by 50.9% year-on-year (y-o-y) to $21.30M, over the same period.
The imported quantity of gas oil covering consumption for the period between May 2013 and July 2014 was 7.92% less than that imported between May 2012-June 2013. In contrast, the quantity of fuel imported between August 2013 and August 2014 was 30.46% higher than those imported in July 2012-Aug 2013.
Throughout 2014, transfers to EdL represented 21.9% of the government’s primary expenditures, as slight increase from the 21.0% paid in 2014.
Yearly Transfers to EdL Out of Primary Expenditures
Source: Ministry of Finance