LNG exports from Algeria slipped for the third consecutive year to 11.57mn tons (16.2bcm) in 2016, squeezed by a 49% rise in pipeline sales to Italy and Spain to 34.9bcm. But overall gas exports jumped 25% to 51.1bcm thanks to an increase in piped exports resulting from stronger demand for pipeline gas in Europe.
The Algerian government announced a modest 0.8% increase in oil and gas production in the first nine months of 2016 (MEES, 17 February). New gas production is due online this year, but keeping pace with domestic consumption and field reinjection needs will be difficult, leaving little upside for a further increase in overall export volumes. (CONTINUED - 953 WORDS)
