Algeria: Key Ain Tsila Gas Project Advances With Petrofac Awarded $1bn EPC Contract

London-based Petroceltic has awarded the long-delayed key $1bn engineering, procurement and construction (EPC) contract to develop Algeria’s 2.2tcf Ain Tsila gas-condensate field to troubled oil engineering firm Petrofac.

The firms now eye first output of gas and condensate in 2022. Target plateau volumes are 335mn cfd (3.5bcm/y) and 20,000 b/d.

“Project scope includes commissioning, start-up and performance testing of the processing facilities, gathering system and export lines,” Petroceltic says in a 13 March announcement, adding that work is “expected to be completed within 42 months,” implying September 2022.

Operator ‘Groupment Isarene’ is led by Petroceltic (38.25%) with Algerian state giant Sonatrach (43.375%) and Italy’s Enel (18.375%). (CONTINUED - 231 WORDS)