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Thursday, October 26, 2017
Algeria’s plans to boost its natural gas output will be delayed a bit as the start of the Touat gas field has been pushed back. The field, located in the southern region of the country, will now come onstream in Q1 of next year.
According to Sonatrach CEO, AbdelmoumeneOuldKaddour, of the 21 wells needed only three are ready to come online. Speaking to reporters during a visit to the field, Kaddour said, “I acknowledge that our business in the deep south is very difficult, very complex, but definitely we need to improve our efficiency.We are always late. It is becoming very serious…but we will meet 100% of our commitments with our clients.”
The Touat is one of five gas fields Algeria has been developing.
Kaddour said Algeria planned to boost annual gas production to 95 Bcm, of which 42 billion would be for domestic and 53 billion for exports. It had originally eyed boosting exports to 57 Bcm.
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