Gulf Oil and Gas accountACCOUNT

Azerbaijan Can Use Algerian Ports for Gas Transport

Source: Algeria Times 6/8/2015, Location: Africa

Azerbaijan can get access to the Trans-African gas pipeline to transit its gas to Europe through Algerian ports, Azerbaijani ambassador to Algeria Mahir Aliyev told Trend.

Algeria has two huge ports that transport liquefied and natural gas and Azerbaijan can use them, said the diplomat.

The energy sphere is one of the promising areas of cooperation between the two countries, he added.

Like Azerbaijan, Algeria is rich with energy resources, said the ambassador. Algeria ranks 13th-14th in the world for the production volume of oil and gas.

He added that Algeria produces and exports nearly 2.5 million barrels of oil per day.

Algeria supplies gas to many African and European countries. The country is the third largest gas producer in the Arab region after Qatar and Saudi Arabia, as well as a leading exporter in Africa.

Algerian Energy Ministry has already expressed interest in creating cooperation with Azerbaijan in the energy sphere. In particular, Algeria’s Sonatrach company expressed desire to cooperate with SOCAR.

A delegation led by Ahmed Messili, Algerian governor for OPEC, secretary general of the country’s Ministry of Energy visited Baku in April 2015.

During the visit, the delegation had negotiations with the leadership of the State Oil Company of Azerbaijan. The sides stressed the need to study and analyze the mutual opportunities and to determine the main areas of cooperation.

The Algerian side also supported the participation of Azerbaijani companies in the tenders on energy projects in Algeria.

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

Oil News in Algeria >>

Egypt >>  7/1/2020 - Eni (as the Operator of the Block), BP and Total (as Contractor members) have successfully drilled the first exploration well in the North El Hammad l...
Egypt >>  6/24/2020 - Bilfinger Tebodin Middle East in Egypt has signed an Engineering Master Service Agreement with PETROJET with it's main office located in Cairo and 15 ...

Egypt >>  6/18/2020 - Cheiron announces that the GNN-4 well, which was drilled to appraise the recent GNN oil discovery, has been completed and successfully tested at initi...
Egypt >>  6/15/2020 - - Committed and planned energy investments in APICORP’s 2020-24 investment outlook amount to USD792bn, a USD173mn drop compared to USD965bn in 2019-20...

Algeria >>  6/9/2020 - The Bir Sebaa Group, made up of SONATRACH and its two partners PTTEP and PVEP, on the one hand, and the Italian company specialized in Engineering May...

Related Categories: Coal  Electricity  General  Natural Gas  Oil 

Related Articles: Coal  Electricity  General  Natural Gas  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.