Tag Archives: Algeria

With Europe unveiling plans this week to end its reliance on Russian gas by 2030, Algeria is keen to boost its output and become a major player. However, with long-term Russian contracts and structural issues in Algeria, that will prove to be a challenge, experts say. About 40 per cent …

The OPEC+ alliance should remain cautious at its upcoming meeting Jan. 4 because a new strain of the coronavirus that causes COVID-19, B117, is likely to weigh on global oil demand outlook at the beginning of 2021, the Algerian energy minister Abdelmadjid Attar said in a Dec. 27 interview with …

Algeria has fully adjusted its oil production under the agreements reached at the 9th and 10th OPEC and non-OPEC Ministerial Meetings, Trend reports with reference to OPEC. “Algeria has reduced its oil production in full conformity with the agreement concluded on 12 April 2020, expressing his confidence that all the …

On Thursday, Algerian Energy Minister Mohamed Arkab called on members of the OPEC+ coalition to abide by the agreement to cut oil production from Friday. Arkab, whose country holds the Organisation of Petroleum Exporting Countries’ (OPEC) rotating presidency, announced: “It is necessary for all the concerned countries to fully comply …

Algeria. which produced nearly 2.7 million tonnes of petrol in 2019. had to import this fuel to meet the needs of the national market.

Edison owns an 11% stake in the Reggane Nord gas project and had recently renewed a supply contract running through to 2027.

Major multinationals are closing operations in China.

Sonatrach has transported its equipment on the Libyan territory to Algeria through the crossing border of Ghadames.

Sonatrach and Total will develop the reserves of Erg Issouane. located on the TFT Sud permit in Algeria.

Algeria has signed a nine-year deal to supply Spain with nine billion cubic meters (bcm) of gas per year.