07-06-06 A Gazprom delegation discussed the prospects for partnership in producing and supplying liquefied natural gas (LNG) to the world market during a visit to Algeria on May 29-31.
Gazprom deputy CEO Alexander Medvedev held talks with the general secretary of the Energy & Mining Ministry and General Director of Sonatrach Mohamed Meziane, the company said.

The meeting also discussed multilateral cooperation between Gazprom and Algeria in the oil and gas sector. The parties discussed implementing full cycle joint projects in exploring, producing, transporting, refining and selling raw hydrocarbons using the resources of Algeria, Russia and third countries.
The parties confirmed their interest in developing long-term cooperation in energy and agreed to continue the dialogue when Energy & Mining Minister Chakib Khelil visits Moscow in July.

Algeria has proven reserves of 4.55 tcm of natural gas, making it the second largest reserves after Nigeria. Most of the reserves are in the central and eastern part of the country. Algeria produced 82 bn cm of natural gas in 2004 and used 21.2 bn cm.
Algeria exports natural gas to Italy, Spain, Portugal, Tunisia, Slovenia and LNG to France, Spain, the United States, Turkey, Belgium, Italy, Greece and South Korea.