Skip to main content

Algeria’s Sonatrach to work in Iraq's natural gas industry

Published by
LNG Industry,

Reuters are reporting that Algeria’s Sonatrach has agreed to take part in projects to develop Iraq’s natural gas industry.

Algerian Energy Minister Mustapha Guitouni and Iraqi Oil Minister Jabar al-Luaibi signed a preliminary agreement in Baghdad to form joint ventures between Sonatrach and Iraqi natural gas companies.

Iraq flares some of the gas extracted with crude oil at its fields because it lacks facilities to process it into fuel for local consumption or export.

Algeria is a major supplier of gas to Europe, exporting it by pipeline to the continent and shipping it on tankers as LNG.

“Sonatrach will work with Iraqi gas producing companies to invest in processing gas produced from oilfields to supply electrical power plants and the petrochemical and fertilisers industries,” Luaibi said in the ministry statement.

Read the article online at:

You might also like

Wood Mackenzie: LNG in APAC

Gavin Thompson, Asia Pacific Vice Chair, Wood Mackenzie, comments on the future of LNG supply in APAC, stating that projects must move fast to take advantage of strong LNG prices and contracting fever.


Embed article link: (copy the HTML code below):


LNG Industry is not responsible for the content of external internet sites.