APS: Algeria in Phase of Assessing Shale Gas Reserves, Says Yousfi

Energy Minister Youcef Yousfi said Thursday that Algeria is in the phase of assessing its shale gas reserves, which will be spread over four year duration.

"Currently, we are assessing the extraction techniques and studying the commercial viability of the Ahnet basin," Yousfi told the People's National Assembly (APN)'s Committee on Economic Affairs, Development, Industry, Trade and Planning.

In this regard, the minister said that Sonatrach has drilled the two pilot wells of Ahnet (In Salah), only after been authorized by the National Agency of the Promotion of Hydrocarbon Resources (Alnaft).

Those wells have been also drilled in line with the rules on the non-conventional hydrocarbons exploitation, planned by the new law on hydrocarbons, the minister noted.
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