Africa Oil & Gas: Algeria’s Sonatrach signs $1 billion gas plant deal

Africa Oil & Gas: Algeria’s Sonatrach signs $1 billion gas plant deal

Algeria’s Sonatrach has signed a $1 billion contract with India’s Larsen & Toubro to build plants to produce 11 million cubic metres of gas per day, Sonatrach’s CEO said on Monday.

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Africa Oil & Gas: Algeria cut oil output by 25,000 bpd as part of OPEC+ deal

Africa Oil & Gas: Algeria cut oil output by 25,000 bpd as part of OPEC+ deal

Algeria has cut its oil production by around 24,000-25,000 barrels per day since Jan. 1 as part of the OPEC and non-OPEC agreement to reduce output, state-controlled news agency APS quoted an oil official as saying.

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Africa Oil & Gas: Algeria To Set Up Trading Venture

Sonatrach is in talks with oil majors and trading firms to start a trading joint venture after the Algerian state energy company reached a deal this year to buy its first overseas refinery, its chief executive told Reuters.

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Africa Oil & Gas: Algeria’s Sonatrach to invest $250 million to boost output at Tinhert gas field

Algerian state energy firm Sonatrach will invest $250 million to boost output at the Tinhert gas field to 20 million cubic metres (mcm) per day by 2020 up from 5 million cubic metres, its CEO said on Monday.

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Africa Oil & Gas: Algeria’s Sonatrach signs $500 mln deal with BP, Statoil

ALGIERS, Dec 20 (Reuters) – Algerian state-owned energy company Sonatrach has signed an agreement with BP and Statoil to produce an additional 11 billion cubic metres (bcm) of natural gas from its Tiguentourine gas field, Sonatrach’s CEO said on Wednesday.

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