{"id":59863,"date":"2022-08-16T12:15:37","date_gmt":"2022-08-16T11:15:37","guid":{"rendered":"https:\/\/jazairhope.org\/?p=59863"},"modified":"2022-08-16T12:20:48","modified_gmt":"2022-08-16T11:20:48","slug":"sonatrach-exploitation-of-newly-discovered-major-gas-field-as-of-next-november","status":"publish","type":"post","link":"https:\/\/jazairhope.org\/en\/sonatrach-exploitation-of-newly-discovered-major-gas-field-as-of-next-november\/","title":{"rendered":"Sonatrach: Exploitation of newly discovered major gas field, as of next November"},"content":{"rendered":"
\n
By\u00a0<\/span>Hana Saada<\/a> –August 14, 2022<\/span><\/div>\n
<\/div>\n<\/div>\n

ALGIERS- The exploitation of the Lias Carbonat\u00e9 \u201cLD2\u201d deposit, recently discovered in Hassi R\u2019Mel, will begin as of next November, with a production capacity of 10 million cubic meters per day, declared the project manager, Loucif Youcef.<\/p>\n

Algerian oil and gas group Sonatrach announced, last June, the discovery of a \u201csignificant\u201d gas condensate deposit in the Hassi R\u2019mel field in the Algerian Sahara, it said in a statement.<\/p>\n

\u201cSonatrach announces that it has highlighted a significant potential in hydrocarbons (\u2026) at the level of the Hassi R\u2019mel exploitation perimeter,\u201d the group said in a statement. The reserves of this deposit are estimated at \u201cbetween 100 and 340 billion m3 of gas with condensate\u201d, according to the statement.<\/p>\n

Condensate gas is natural gas that contains liquid hydrocarbons in suspension, similar to crude oil, which greatly increases its value. \u201cThese volumes constitute one of the largest revaluations of reserves in the last 20 years,\u201d the oil group added.<\/p>\n

Sonatrach plans to start production in November from the field, which is expected to produce 10 million cubic metres per day.<\/p>\n

Algeria, noteworthy, is Africa\u2019s leading exporter of natural gas and the 7th largest in the world.<\/p>\n

In April, Italy signed a major agreement with Algeria on increased gas supplies.<\/p>\n

dzbreaking.com<\/p>\n","protected":false},"excerpt":{"rendered":"

By\u00a0Hana Saada –August 14, 2022 ALGIERS- The exploitation of the Lias Carbonat\u00e9 \u201cLD2\u201d deposit, recently discovered in Hassi R\u2019Mel, will begin as…<\/p>\n","protected":false},"author":70,"featured_media":59867,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[15,12,4,6],"tags":[],"class_list":["post-59863","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-algeria","category-economy","category-featured-articles","category-latest-articles"],"yoast_head":"\nSonatrach: Exploitation of newly discovered major gas field, as of next November - AAH.JZR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jazairhope.org\/en\/sonatrach-exploitation-of-newly-discovered-major-gas-field-as-of-next-november\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sonatrach: Exploitation of newly discovered major gas field, as of next November - 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