Gulf Oil and Gas accountACCOUNT

Algeria Expects Hydrocarbon Production to Recover by 2017

Source: Algeria Times 7/7/2014, Location: Africa

Share |
Algeria’s hydrocarbon production, which has been on a decline since 2010, is expected to recover by 2018 to reach 225 million toe (tonne of oil equivalent), Algeria Press Service (APS) reported Sunday citing sources in Sonatrach, country’s state owned energy company.

Country’s hydrocarbon production in 2013 stood at 195 million toe.

On gas production, the sources told APS that production at Tinhert (Illizi) field, will reach 14 million cubic metres of gas by 2016 and will subsequently increase to 24 million m3/day in 2017.

Two other deposits, Hassi Ba hamou and Hassi Mena, will produce 21 million m3 of gas / day from 2017.

The Reggane project, to be developed with Spain's Repsol, Germany's RWE-DEA and Italy's Edison, is also expected to be commissioned in 2017 with expected output of 12 million cubic metres per day.

Sonatrach is also developing Twat project, which has capacity of 12 million m3/day, with France’s GDF and Timimoun project with Total, whose capacity will reach 5 million m3/day, APS reported.

For more information about related Opportunities and Key Players visit Algeria Oil and Gas Projects

Production News in Algeria >>

Iran >>  2/14/2018 - Yadavaran oil field is the only joint field in Iran, where Iran is outperforming Iraq with which it shares the field. More than a year after the first...
Nigeria >>  2/13/2018 - Eland Oil & Gas PLC, an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, is pleased to announce...

Egypt >>  2/12/2018 - BP announced the start of gas production from the Atoll Phase One project, offshore Egypt. The project, in the North Damietta concession in the East N...
Egypt >>  2/12/2018 - DEA Deutsche Erdoel AG announces a significant increase of production from its oil fields in the Gulf of Suez and from the Disouq gas fields in the On...

Iran >>  2/9/2018 - Iran aims to raise its crude output capacity to 4.7 million barrels per day within the next four years, deputy Oil Minister Amir Zamaninia told a conf...
Norway >>  2/6/2018 - Statoil and partners further increase the value of the Johan Sverdrup field as a result of continued high quality in project execution, good drilling ...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Algeria Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 |

More News

 

Oil & Gas Companies in Algeria >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.