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Wednesday, July 4, 2018
Algeria saw an increase in production from its Alrar gas field. According to Sonatrach CEO, Abdelmoument Ould Kaddour, the field is now producing at a rate of 24.7 Mmcm/d. The Alrar field is located near the Libyan border.
The field was previously producing at a rate of 16 Mmcm/d.
Kaddour, who was officially inaugurating the field extension, has been encouraging operators, including Sonatrach, to raise output at aging gas fields in an effort to boost Algeria’s revenue from hydrocarbons production.
The cost of the extension at Alrar, completed through contracts with foreign firms Petrofac and Bonatti, was $545 million.
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