Private equity-backed Neptune Energy’s 450mn cfd (4.5bcm/y) capacity Touat gas project in Algeria finally restarted in September after an 11-month shutdown, only to be forced offline again.
“Issues identified during start-up resulted in the decision to halt production to upgrade the resilience of the processing plant. Upgrades are underway to enable gas exports to recommence in the first half of 2023,” said Neptune in its third quarter results on 17 November. (CONTINUED - 204 WORDS)