Algeria | Egypt Oil & Gas - Part 11

Total, Cespa, Sonatrach Begin Algerian Gas Production

Total, Algerian state-owned Sonatrach, and Cespa have started production from the Timimoun natural gas project in Wilaya de Adrar in southwestern Algeria.

Four Oil Majors Interested in Agreement with Algerian Sonatrach

Anadarko, Total, Eni, and Statoil are interested in joining the Algerian state oil company Sonatrach to develop offshore drilling in the North African country.

Algeria Proposes Energy Tax Reforms to Increase Investment

Algeria plans to pass a new energy law that offers tax incentives to attract investment and is in discussion with foreign firms such as BP and Anadarko regarding its shale gas reserves.

Algeria Looks to Purchase Refinery Abroad

About 11.5 million tons of fuel are currently refined in Algeria; however, annual consumption reached 15 million tons in 2017.

Egypt, Algeria Discuss Petroleum Cooperation

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, discussed bilateral cooperation with the Algerian Minister of Energy.

Vitol to Refine Algerian Oil

Vitol would receive around 2 million barrels per month of Algeria’s light crude oil and would send it back as gasoline and gasoil until the end of 2018.

Algeria, Libya to Co-Manage Oil Fields on Borders

Algeria’s Sonatrack has packed a deal with the Libyan National Oil Corporation (NOC) to jointly operate a number of crude oil fields located between the two countries’ borders.

Algeria’s Sonatrach Considers Investing in Iraq’s Oil, Gas

Algerian state-owned energy firm Sonatrach is considering possible investments in oil exploration and natural gas projects in Iraq, Iraqi Oil Ministry announced on January 7th.

Petrojet Completes Base at Algeria’s North Rejan

Petrojet completed a permanent residence and security camp at Algeria's North Rejan natural gas field.

Reggane Nord Starts Production

Production has begun at Algeria’s Reggane Nord natural gas field.

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