Sonatrach and European gas market
Summary :
Table of Contents
- International gas dimension.
- Liberalizing EU energy sector.
- Problem statement.
- The European gas market.
- The competitors.
- Short run: Pipelines project.
- Recommendations.
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.
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