
Algeria’s LNG Exports Increase Amid Pipeline Maintenance
Algeria has increased its delivery of Free-On-Board LNG cargoes in response to ongoing maintenance and inspection works at the Medgaz Gas Pipeline.
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Algeria has increased its delivery of Free-On-Board LNG cargoes in response to ongoing maintenance and inspection works at the Medgaz Gas Pipeline.
In April 2024, TotalEnergies signed a deal with the national oil company of Algeria for the appraisal and development of gas resources in the North-East Timimoun region.
Home to a world-class petroleum system, Algeria will be a key focus of the Invest in African Energy forum’s North Africa roundtable, as the country seeks to strengthen energy partnership and investment with Europe.
Extending its existing gas supply contract with Sonatrach, Turkey will continue to buy 4.4 billion cubic meters of LNG from Algeria annually.
Bangladesh is looking at importing Liquefied Natural Gas (LNG) from Algeria amid energy security concerns
China’s Sinopec has signed an agreement with Algeria’s national oil company Sonatrach for the construction of a new LNG storage tank at the Skikda facility.
A series of ambitious plans in Algeria in the coming years are set to drive long-term socioeconomic growth and industrial development.
Next year’s Invest in African Energy Forum will spotlight Africa’s pivotal role in meeting global energy demands, with key export markets like China, India, the EU, Brazil and Turkey shaping the future of the continent’s crude oil and LNG trade.
Algeria’s vast hydrocarbon resources, renewable energy potential and anticipated economic growth have piqued the interest of European, American and Chinese investors.
Algeria is strengthening collaboration with international partners in strategic sectors, including oil and gas, nuclear energy and green hydrogen.