Algeria hopes to export 7 bcm of gas via Medgaz pipeline -Sonatrach

The OPEC producer exported 4.5 bcm of gas via the pipeline in the first eight months: Official

  
Image used for illustrative purpose. The sun sets behind the stacks at the gas plant at the state-run Sonatrach gasfileds located 1200 km (750 miles) south-east of Algiers, on Thursday February 24.

Image used for illustrative purpose. The sun sets behind the stacks at the gas plant at the state-run Sonatrach gasfileds located 1200 km (750 miles) south-east of Algiers, on Thursday February 24.

REUTERS/Zohra Bensemra
BENI SAF MEDGAZ, Algeria - Algeria hopes to export 7 billion cubic metres (bcm) of natural gas via the Medgaz gas pipeline to Spain this year, the chief executive of state energy firm Sonatrach said on Tuesday.

The OPEC producer exported 4.5 bcm of gas via the pipeline in the first eight months, CEO Ould Kaddour told reporters during a visit to the Beni Saf Medgaz station.

"Our strategy is to boost gas output," he said when asked about the firm's strategy. "We can increase the Medgaz capacity by 2 billion cubic metres."

(Reporting by Lamine Chikhi; writing by Ulf Laessing; editing by Jason Neely) ((ulf.laessing@thomsonreuters.com ; +216-29850352;))


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