Sonatrach and European gas market

Abstract

Algeria represents 3.12% of the world gas reserves (Hassi R'mel : one of the largest deposits in the world). Gross production of 150 billions cm3 of gas in 2006 (3.88 % of the total hydrocarbon production). Net traded production of about 81 billion cm3 of gas (66% from Hassi R'mel field). Export capacities of 38 billion cm3 of gas pipeline and nearly 27 billion cm3 via LNG. Fleet of 9 LNG tankers and 6 LPG carriers
Important gas pipeline network. "Enrico Mattei": Algeria to Italy. "Pedro Duran Farell": Algeria to Spain. Objective : "to ensure the free movement of gas, reinforce security of supply and industrial competitiveness in Europe." Creating a unique natural gas market in Europe: integrated, competitive and regulated at EU scale. Intensify the competitiveness of European companies in energy sector compared to their international competitors within a unrestricted market. Improve global efficiency of the European gas organization, and assure the ability for businesses and private customers to choose their power and gas suppliers freely in a competitive.