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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)
DATA INSIDE THIS ARTICLE
|table||Sonatrach's Lng Sales & Purchase Agreements|