Algerian Gas Discovery Boosts Reserves, Sonatrach Says

A new discovery in the Hassi Rmel gas field in Algeria will grow the country's already increasing role as a key gas supplier for Italy, Spain and other southern European countries, according to Sonatrach.

Reuters

A new discovery at Algeria's biggest gas field Hassi Rmel has an initial estimated capacity of between 100 Bcm and 340 Bcm of gas condensate, state energy firm Sonatrach said in a statement on June 27.

"A development works program is underway to confirm the estimated volumes and achieve fast-track production of around 10 MMcm/d starting from November 2022," Sonatrach added.

Algeria’s gas output last year reached a record 103 Bcm, with exports of 54 Bcm, according to Sonatrach figures.

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