Algeria is a country that produces fossil fuels. It has the 14th largest oil reserves in the world, in addition to one of the largest natural gas reserves. It is located in the north of the African continent. It has the Mediterranean Sea on its north coast and shares a border with Tunisia and Libya to the east, Niger and Mali to the south, Mauritania to the southeast, and Western Sahara and Morocco to the west.
Repsol and Total reached an agreement with the Algerian state oil company Sonatrach to extend the license for the gas and condensate field Tin Fouye Tabankort (TFT) in the Illizi basin for a further 25 years.
* Exploration *Production
In the southeast of Algeria in the Sahara Desert, we can find one of Repsol’s most important projects worldwide: the Reggane Project. A logistic challenge that began in 2003 – 2010 with a successful exploration campaign in a previously unexplored terrain. Since then, 200 Repsol employees of 36 nationalities have worked here.
The Algerian government approved the project development plan at the end of 2011, and years of work and effort finally paid off when the production and processing of 8 million meters cubed of gas per day, 10% of Spain’s gas demand, began on December 13th, 2017.
The Reggane project includes six gas fields gas (Azrafil Sud-Est, Kahlouche, Kahlouche Sud, Tiouliline, Sali, and Reggane). We hold a 29.25% working interest, alongside Sonatrach (40%), Dea Deutsche Erdoel AG (19.5%), and Edison (11.25%).
Tour ABC - 13ème étage
Pins-Maritimes, El Mohammadia
Updated on December 31st, 2019.