Algeria's Sonatrach discusses joint hydrocarbon projects
The general manager of the Algerian national oil and gas company Sonatrach, Abdelhak Bouhafs, has disclosed the firm is discussing the possibility of joint hydrocarbon projects with a number of international oil companies.
ALGIERS�The general manager of the Algerian national oil and gas company Sonatrach, Abdelhak Bouhafs, has disclosed the firm is discussing the possibility of joint hydrocarbons projects with a number of international oil companies.
Speaking to the media, he said Sonatrach and Houston-based Anadarko Petroleum Corp. are discussing an association in two gas fields in the Gulf of Mexico.
Bouhafs revealed that Sonatrach was also discussing a joint-venture project with two South African companies to develop gas fields in Angola. For that scheme, he said, Sonatrach is suggesting the export of gas in the form of liquefied natural gas, to get around transportation difficulties.
Bouhafs also said Sonatrach had submitted a joint offer with an Indian firm for exploration on two blocks in Iraq. Iraqi authorities expressed a willingness to quickly conclude the contracts related to the exploration of these blocks, he said, and also regarding the development of a field already identified.
In addition, Sonatrach, France's Entrepose, and the international group Consolidated Contractors Co., has been qualified to tender for a pipeline exploitation project in Oman, added Bouhafs.