Reuters: GDF Suez Says Natural Gas Discovery Made in Southeast Algeria

French utility GDF Suez said on Monday that gas had been discovered in a region of southeast Algeria where it holds a licence with partners.

The discovery was made in the Illizi basin, where the company holds a 20 percent licence alongside operator Repsol with 52.5 percent and Enel with 27.5 percent. Sonatrach is to participate with a 51 percent stake in the development and productions phases.

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