Algeria's Sonatrach makes 1.3 billion barrel oil discovery

Oct 27, 2013 12:00 AM

Algeria's Sonatrach has made a new oilfield discovery with estimated reserves of 1.3 billion barrels in the region of Tamguid Messaoud near Ouargla city, APS state news agency said.

'This is one of Sonatrach's biggest discoveries in the past 20 years as it is an accumulation of some 1.3 billion barrels,' Energy Minister Youcef Yousfi was quoted as saying by APS.

The discovery was made by Sonatrach not far from Algeria's biggest oilfield Hassi Messaoud.

Market Research

The International Affairs Institute (IAI) and OCP Policy Center recently launched a new book: The Future of Natural Gas. Markets and Geopolitics.

Cover_242-width

The book is an in-depth analysis of some of the fastest moving gas markets, attempting to define the trends of a resource that will have a decisive role in shaping the global economy and modelling the geopolitical dynamics in the next decades.

Some of the top scholars in the energy sector have contributed to this volume such as Gonzalo Escribano, Director Energy and Climate Change Programme, Elcano Royal Institute, Madrid, Coby van der Linde, Director Clingendael International Energy Programme, The Hague and Houda Ben Jannet Allal, General Director Observatoire Méditerranéen de l’Energie (OME), Paris.

For only €32.50 you have your own copy of The Future of Natural Gas. Markets and Geopolitics. Click here to order now!


 

Upcoming Conferences
« September 2018 »
September
MoTuWeThFrSaSu
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

Register to announce Your Event

View All Events