0
 

Price disagreements keep south-west Algeria gas developments on hold


Issue 251 - 05 Apr 2013 - By John Hamilton

Long-awaited gas field developments in Algeria’s south-west are still on hold despite Sonatrach’s approval of a number of local contracting companies to build the pipeline that will connect the region to the Hassi R’mel hub. Difficulties agreeing a commercial price for the gas that satisfies international oil companies (IOCs) and justifies Algeria’s investment in the pipeline appear to be the cause. According to an executive at one of the IOCs hoping to develop a field in the region, the continued failure to start work on the pipeline “is holding up investment decisions at the companies developing the south-west, as it is impossible to activate investment decisions until the completion of the pipeline is a certainty”.

Want to read more?

Medium article

£9

(Access to one African Energy article)

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map

Register