Middle East & Africa: Production
Algeria’s participation in OPEC’s output cut agreement is proving to be a blessing in disguise for its marketed gas output.
Lower oil production has reduced the amount of gas the country has reinjected for enhanced oil recovery (EOR), leaving more for domestic sectors and exports. Sonatrach expects that, by remaining within the current OPEC cap, Algeria can free up to 50 million cubic metres per day (MMcm/d) of gas that would otherwise have been reinjected, which equates to almost 20% of the country’s marketed gas output in 2016.
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