Middle East Economic Survey
VOL. XLVIII
No 27
4-July-2005
ALGERIA
Petroceltic Says Isarene Concession Holds Large Gas Reserves
Irelands Petroceltic International on 22 June said that new data showed a multi-trillion cubic feet gas deposit on its Isarene contract area in southern Algeria. The Dublin-based company announced on 1 June that it had been notified by Sonatrach that its production-sharing contract (PSC) for the Isarene concession in the Illizi Basin had come into force. A statement on 22...
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