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Algeria … Two new gas projects to replace Russian gas supplies worldwide

Algeria/ TEH:  The Algerian state-owned hydrocarbon company, Sonatrach, said on Wednesday evening that it will increase international gas supplies through two projects in the southeast of the country, to pump 14.6 million cubic meters per day of gas.

This came, according to a statement by Sonatrach, a copy of which was received by The Eastern Herald online magazine .

The statement pointed out that the CEO of the company, Tawfiq Hakkar, inspected on Wednesday the Ain Tsila-Izaran gas project, in Illizi province (the far southeast of the country), whose implementation rate has reached 80%.

The statement pointed out that the project will enter the production phase before the end of the first quarter of 2023, and the natural gas processing center will pump 10 million cubic meters per day, and 3,400 tons per day of condensate and liquefied petroleum gas.

The Algerian company’s statement indicated that the second project is the Ohant field in Illizi province, which has a completion rate of 97 percent.

The Ohant project will enter production, according to the statement, by next June, and will pump 4.6 million cubic meters per day of natural gas, in addition to 1,200 tons of condensate and liquefied petroleum gas.

And last Monday, Algeria’s Sonatrach announced the signing of an agreement with “Eni” to increase gas supplies to Italy, with quantities of up to 9 billion cubic meters annually.

According to a previous statement by Sonatrach, the new agreement also includes a price review according to global market data.

Sonatrach had renewed the gas supply contract to Italy’s Eni in 2019 for a period of 10 years, without disclosing price details.

The Transmed-Enrico Matai pipeline connects Algeria with Italy through the Mediterranean, and part of it passes through Tunisian territory.

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Arab Desk
Arab Desk
The Eastern Herald’s Arab Desk validates the stories published under this byline. That includes editorials, news stories, letters to the editor, and multimedia features on easternherald.com.

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