Sonatrach | Egypt Oil & Gas - Part 7
Vitol to Refine Algerian Oil
Algeria’s state-owned Sonatrach signed a deal with Vitol Group to send Algerian crude oil to be refined in Italy. The refined petroleum products will then be sent back to Algeria in order to decrease the country’...
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, Reuters reported. An Algerian delegation...
Reggane Nord Starts Production
Production has begun at Algeria’s Reggane Nord natural gas field, Egypt Oil & Gas reports. Four wells at the natural gas field have been brought online, according to a press release from DEA. The consortium operat...
DEA, Sonatrach Sign MoU
Sonatrach signed a memorandum of understanding (MoU) with DEA Deutsche Erdoel AG to provide a framework for DEA to operate in Algeria, World Oil reports. DEA is exploring upstream opportunities in the country, accordi...
Sonatrach Looks to Up Gas Exports by 20 mcm/d
Sonatrach will be able to increase its exports of natural gas by 20 million cubic meters per day (mcm/d) to meet increased winter demand, the company’s CEO, Abdelmoumene Ould Kaddour, stated on Monday, according to Al...
Sonatrach to Invest $2B in Hassi Rmel
Sonatrach, Algeria’s state-owned oil and gas company, announced that it plans to invest $2 billion in the Hassi Rmel natural gas field, Zawya reports. The purpose of the investment is to maintain stable production fro...
Algeria Looks to Begin Production at Reggane
Sonatrach plans to bring online a $1 billion natural gas project at the Reggane natural gas field this year, Sonatrach officials told Reuters. Upon completion, the field should produce up to 8 million cubic meters per... Sonatrach Considering JVs to Market Natural Gas
Algeria’s state-owned energy company, Sonatrach, is considering forming joint ventures with trading companies to market its natural gas, Platts reports. Speaking in London, the CEO of Sonatrach, Abdelmoumen Ould Kaddo...
