Algeria’s gas shipments reach record peak this year

(MENAFN) Algeria’s gas shipments reach a record peak of 56 billion cubic meters this year, as stated by an administration representative.

Miloud Medjelled, the head general of forethought at the energy Ministry, informed the state radio on Thursday that gas shipments are likely to surge in 2023.

Medjelled noted that governments are looking to rationalize the intake of gas destined for electricity output, in an effort to take gain of the high international gas costs.

On Tuesday, Algerian leader Abdelmadjid Tebboune urged on his nation’s national hydrocarbons firm, Sonatrach, to double its gas output to amount to 100 billion cubic meters of shipments on a yearly basis during next year.

The leader went further on saying that “The country produces 102 billion cubic meters of gas annually, half of which is consumed by the local market. I hope that in 2023, Sonatrach, will reach the export of 100 billion cubic meters."



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