Market intelligence, trend analysis and forecasts for the Oil and Gas industries across the regions

Industry / Algeria

Repsol Riding High with Algerian Gas

May 2006 | Company News Alert

Spanish-Argentine concern RepsolYPF high hopes for its Algerian Reggane concession seem to be paying off, with yet another gas discovery made following an initial one early last month. Repsol has a 33.75% interest in the consortium which made the discovery, with Algeria's Sonatrach holding a 25% stake, Germany's RWE Dea holding 25% and Edison SPA holding an 18.75% interest. Initial tests yielded a flow rate of 483,000 cubic metres per day. Repsol hopes to commercialise the gas by

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