Gulf Oil and Gas accountACCOUNT

Shale Gas Exploitation in Timimoun

Source: Algeria Times 3/1/2014, Location: Africa

A draft of shale gas exploitation in ancient palm grove of Timimoun (province of Adrar) will be launched shortly "after its adoption by the Algerian authorities."

This is what the French magazine Marianne revealed in its latest edition to be published this Friday, who said that it was the Prime Minister Abdelmalek Sellal who have recently promised to launch this project.

According to Marianne, Timimoun will be "sacked" by exploiting its shale gas and its 130,000 residents will have to live elsewhere while calling the project an environmental disaster.

The same source indicates that Algeria, which has the third world reserves of shale gas, plans to invest $ 300 billion in the exploitation of the deposits by hydraulic fragmentation.

This information by Marianne must obviously be taken with great caution in the absence of a decision from the Algerian authorities on this subject. However, Martine Gozlan, a follower of the Arab Spring, notorious Zionist, and a journalist known for his Islamophobia and his virulent criticism of Algeria makes for time speculation and sensationalism.

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

Shale Gas News in Algeria >>

Egypt >>  1/20/2020 - Petroleum Minister Tarek el Mulla signed nine agreements on oil and gas exploration in the Mediterranean and Western Desert with total investments of ...
Senegal >>  1/10/2020 - Subsea 7 S.A. announced the award of a very large(1) contract by Woodside to Subsea Integration Alliance for the Sangomar Field Development Phase-1 pr...

Algeria >>  1/9/2020 - The national oil company Sonatrach signed a contract in Algiers with a consortium made up of Tecnicas Reunidas (Spain) and Samsung Engineering (South ...
Egypt >>  1/7/2020 - SDX Energy Plc (SDX) is pleased to announce that upon completion of an independent technical and economic audit of the reserves at its operated South ...

Egypt >>  12/30/2019 - ExxonMobil said it has secured more than 1.7 million acres for exploration offshore Egypt. ...
Egypt >>  12/29/2019 - Minister of Oil and Mineral Wealth Tarek el Mulla announced that three companies have won the first international bid launched by South Valley Egyptia...

Related Categories: Coalbed Methane  General  Heavy Oil  Methane Clathrate  Oil Sands  Oil Shale  Shale Gas  Tight Gas  Tight Oil 

Related Articles: Coalbed Methane  General  Heavy Oil  Methane Clathrate  Oil Sands  Oil Shale  Shale Gas  Tight Gas  Tight Oil 

Algeria Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |

More News

Related Links

Gulf Oil and Gas
Copyright 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.