Middle East Economic Survey

VOL. LI

No 10

10-March-2008

Algeria Pursues Gas Export Plans Ahead Of Production Hike

As Algeria advances its plans to hike gas output by developing fields in the Reggane Basin and intensifying its exploration activities, Sonatrach is also securing gas outlets for future production. The state-owned Algerian firm sewed up an agreement with Norways StatoilHydro on 1 March that will allow it to supply 3bn cu ms/year of LNG to the Cove Point re-gasification terminal from...