Sonatrach | Egypt Oil & Gas - Part 8
Algeria to Increase Gas Exports to Offset Low Crude Revenues
In order to offset low oil prices, Algeria is looking to increase natural gas exports, Reuters reported based upon local media accounts. The country will increase natural gas production by 10 million cubic meters (mcm...
Algeria Completed New Natural Gas Pipeline
Algeria’s state energy firm Sonatrach has completed a new natural gas pipeline as it tries to meet local demand and increase exports, Reuters stated. Sonatrach’s CEO, Abdelmoumene Ould Kaddour, opened the...
Algeria to Invest $50b in Oil & Gas
Algeria’s hydrocarbon company Sonatrach will invest more than $50b from 2017 to 2021 in exploration projects and production, O&G Link informed following the statement from the group’s Vice President for Expl...
Bouteflika to Free Economy from Oil, Gas Dependence
Algeria’s President, Abdelaziz Bouteflika, has urged for the independence of the country’s economy from the oil and gas industry, reported Natural Gas World. Bouteflika stated: “I would underline primarily the n... Algeria Discusses Offshore Drilling Partnerships with Majors
Algeria’s Sonatrach wants to start its offshore oil drilling and has begun discussions with U.S. operators Exxon Mobil Corp and Anadarko, as well as Italy’s Eni, Reuters reported. As Investopedia explained...
Algeria to Increase Gas Exports in 2017
Algeria expects to increase exports of natural gas in 2017 as it looks to build on its top spot in sales to Spain last year and strong sales to Italy and Portugal, Reuters reported. As Zawya informed, gas exports are ...
Algeria to Export 56bm³ of Gas in 2017
Algeria’s gas exports including natural gas and liquefied natural gas (LNG) are expected to increase from 54bm³ in 2016 to 56bm³ in 2017, up by 5.5%, announced Sonatrach’s Deputy CEO and Chief Marketing Of... 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, Reuters reported. GRTgaz added that lo...
