Algeria’s key upcoming gas expansion project is less than it seems. ‘Tinhert’ will see the tying in of small peripheral Illizi Basin fields. But this will likely do no more than make up for ongoing declines at the region’s mature fields. These include Total’s TFT, where production fell by 1/3 last year. Needless to say, Tinhert is massively delayed. 

Despite last month’s start-up of Total-operated Timimoun, the second of three components in...