Neptune Exports First Gas from Algerian Touat Project
Neptune Energy September 7 announced first gas export from the Touat gas project in Algeria. Touat will deliver around 75,000 barrels of oil equivalent/day at plateau (around 450mn ft3/d).
The project comprises 19 development wells, a gas treatment plant for gas and stabilized condensate with a gathering network and export pipelines.
Production from Touat will represent around 6% of Algeria’s total gas exports and will be in production for more than 20 years, Neptune said. The project has involved the installation of a connection to the main GR5 pipeline, built by Algerian state Sonatrach, to collect the gas from southwest Algeria and bring it to Hassi R’Mel, located around 800 kilometres to the north.
The Touat project is led by Groupement Touat Gaz (GTG Partners), consisting of Neptune Energy Touat (65%) and Sonatrach (35%). Within Neptune Energy Touat, Engie holds 46% and Neptune 54%.
Neptune said it is looking forward to implementing the second phase of the project, which covers the remaining eight fields which will help to maintain the plateau of 450mn ft3/d.