Tag: Algeria

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Algeria: Sonatrach Terminates Contract of Petroceltic Ain Tsila in the Ain Tsila Gas Field

Algerian national oil company, Sonatrach, has terminated the contractual interest held by Sunny Hill Energy through its wholly-owned subsidiary, Petroceltic Ain Tsila, in the Ain Tsila gas field in southeast...
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Algeria is now a Net Exporter of Petrol after Over a Decade of Imports

According to a report from the Algerian Press Agency, North-African oil producer, Algeria, has returned to being a net explorer of the most in-demand product of the distillation of crude...
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Sonangol Excludes Galp from Asset Disposal Programme; Sonatrach Signed 1,100 Contracts Over 2020

Commenting on the national asset disposal programme, the state-owned oil company, Sonangol, has announced that it will retain its strategic interest in Galp Energia, its Portuguese counterpart. The development was...
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Namibia won’t Increase Fuel Price for January; Algeria to Invest $40B over Five Years

NAMIBIA The Ministry of Mines and Energy, Namibia has announced that there will be no change in fuel prices in the country. The prices for petrol remain N$11.35 per litre...
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OPEC+ will Not Hurriedly Ease Production Cuts – OPEC President

In an interview with Bloomberg, the President of the Organisation of Petroleum Exporting Countries, OPEC and the Energy Minister of Algeria, Abdelmajid Attar, said that despite the significant improvements in...
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Eni’s CEO Meets Algerian Minister of Energy and Sonatrach’s CEO

The Chief Executive Officer of Eni, Claudio Descalzi, met with the Algerian Minister of Energy, Abdelmadjid Attar, to discuss the activities of the company in the country, future projects and...
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Algeria’s Gas Exports to Drop by 4.7% in 2020

The country with the world's tenth-largest proven reserves of natural gas and the world's sixth-largest gas exporter, Algeria, will record a fall of 4.7% of its gas exports for 2020....
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Algeria to Improve Access to Electrification and Gas in “Gray Areas”

The Algerian Minister of Energy, Abdelmadjid Attar, announced that the country acceleration of access to energy in “gray areas.” These are isolated localities that are lacking access to basic infrastructure...
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Algeria: Sonatrach and Naturgy Amend Gas Sales Contracts; Discuss Future Cooperation

The state-owned Algerian oil company, Sonatrach, and Spanish company, Naturgy, signed amendments to the gas sales contracts that bind both companies. The signing of these amendments solidifies the partnership of...
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Sonatrach Restores R-OB1 oil pipeline

The National state-owned oil company of Algeria, Sonatrach, has started to use the R-OB1 oil pipeline again. The pipeline subsidiary of the company carried out work on the transfer link...
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