Algeria | Egypt Oil & Gas - Part 14
Algeria to Export 56bm³ of Gas in 2017
Algeria's gas exports including natural gas and liquefied natural gas are expected to increase from 54bm³ in 2016 to 56bm³ in 2017, up by 5.5%.
Algeria’s Force Majeure Constricts LNG Supplies to France
French gas grid operator GRTgaz said a force majeure in Algeria and tensions in the global gas market were reducing deliveries of liquefied natural gas (LNG) to southern France.
Saudi Arabia Increased Oil Output Reductions
Saudi Arabia reduced oil production to less than 10mb/d, below its targeted level, and will consider renewing its pledge to cut crude output in six months.
Rosneft to Withdraw from Algerian Oil Blocks
Russian Rosneft may soon withdraw from its only project in Algeria, an exploration project which Russia’s oil giant considers to have doubtful prospects.
Sino Tharwa Bids Over a Rig in Algeria
Sino Tharwa Drilling Company had entered a bid in Algeria, through Italian ENI, over renting rig (ST-16) with a capacity of 200 HP.
Algeria’s Oil, Gas Exports to Reach $35b
Algeria’s revenues from oil and gas exports are expected to increase by $35b in 2017, compared to the $27.5b in 2016.
Sonatrach to Grow Output by 20%
Algerian state energy producer Sonatrach plans to increase output of natural gas and crude oil by 20% in four years until 2020 as new projects start up.
Sonatrach, Botas to Partner on Hydrocarbon Exploration
Sonatrach and Botas have signed an agreement to support the exploration of partnership opportunities in fields of common interest in the hydrocarbon chain in Algeria and Turkey 
