ALGIERS (Reuters) - Completion of Algeria's Gassi Touil gas production
and LNG project has been delayed until 2012 or 2013, the Algerian
official news agency quoted the head of state energy firm Sonatrach as
The Repsol-led consortium acquired the Gassi Touil gas development in
2004 on an extremely tight budget of EUR5bn for exploitation,
production and liquefaction of reserves.
la actividad en la planta gasista de Gassi Touil con ayuda de una
empresa estadounidense tres meses después de haber rescindido el
contrato a Repsol YPF y Gas Natural para el desarrollo de este
de Gassi Touil con ayuda de una empresa estadounidense tres meses
después de haber rescindido el contrato a Repsol YPF y Gas
Actualizado 16/01/2008 - 02:49:38 ABCMADRID.
Repsol Launches Gassi Touil LNG Project in Algeria
Repsol YPF 3-14-2006
Repsol YPF, Gas Natural and Sonatrach signed the constitution of a
joint venture that sets
The Gassi Touil project was awarded in 2004 by the Algerian state to
the Repsol YPF (60%) and Gas Natural (40%) consortium, being the first
contract for the development
The Gassi Touil area is near the
Berkine Basin, where the consortium has been awarded the Gassi Chergui
Ouest exploration block, and near to the Repsol YPF block of
Repsol: Resuelto el contencioso con Gassi Touil sin indemnizacion
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Research and Markets: Gassi Touil LNG Terminal - Analysis and
Forecasts of Terminal wise Capacity and Associated Contracts,
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Gassi Touil LNG Terminal - Analysis and Forecasts of Terminal wise
Capacity and Associated Contracts, Construction and Trade Information
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AGREEMENTS WERE SIGNED for the Gassi Touil gas project, described as
the most important integrated project yet undertaken in Algeria by
foreign companies.
The Gassi Touil-Rhourde Nouss zone is adjacent to the Berkine basin,
where the Repsol/YPF (operator) and Gas Natural consortium won a
tender in July 2004 for oil and gas exploration
Gassi Touil, Rhourde Nouss, and Hamra, and will undertake exploration
in the area under concession to discover additional oil and gas
reserves for their subsequent development and production.
The Gassi Touil project is part of the Gas Natural SDG and Repsol-YPF
strategy to jointly study and develop any integrated gas projects for
which the combined efforts of
According to analyst Global Insight, the Gassi Touil project has been
greatly delayed, causing Sonatrach in 2007 to evict Gas Natural and
Repsol-YPF SA, which were working on the integrated LNG export project
The completion of Algeria’s Gassi Touil gas production and LNG project
is being pushed back a year according to Mohamed Meziane, Sonatrach’s
Chief Executive.
To develop the Gassi Touil, Rhourde Nouss and Hamra areas data is
being acquired via the most ambitious campaign of seismic testing that
has to date been done in Algeria.