Sonatrach Plans $3.3 Billion Injection into Pipeline Capacity

Wednesday, March 9, 2016

Algeria’s state-run oil and gas firm Sonatrach is planning to increase its pipeline capacity as its natural gas production increases from new and existing fields. The Algerian firm will invest an estimated $3.3 billion over the next four years in its pipelines.

Arbi Bey Slimane, Sonatrach’s VP for pipeline transportation was cited by Reuters as saying Sonatrach wanted to guarantee increased supplies to European clients. The state-run firm will build 1,650 km of pipeline and six compression and pumping stations.

The additional transport capacity aims to deliver more volume as new fields in southeast and southwest add production soon.

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