
Natural gas prices exceed 100 euros per megawatt
Natural gas prices in Europe rose by more than 4 percent on Wednesday, surpassing 100 euros per megawatt hour for the first time since 2022.
Oil, gas, petrochemicals, Sonatrach, and energy sector developments

Natural gas prices in Europe rose by more than 4 percent on Wednesday, surpassing 100 euros per megawatt hour for the first time since 2022.

Algeria - The Minister of Energy and Renewable Energies, Mourad Adjall, presided over two coordination meetings today, Wednesday, dedicated to studying strategic and organizational files related to international cooperation, digital transformation, information systems development, and improving administrative management, alongside the infrastructure of the SONELGAZ group, according to two statements from the ministry.

European countries are seeking additional supplies of oil and liquefied natural gas from Algeria, in an effort to enhance their energy security before winter, amid declining gas stocks, rising prices, and increasing geopolitical risks, according to media reports. In this context, a report cited by The Rio Times stated that France requested additional shipments of oil and liquefied natural gas from SONATRACH before winter. The quantities requested, prices, or potential delivery dates have not been announced. View the full content on الشروق أونلاين.

Today, Tuesday evening, the eighth summit of the Gas Exporting Countries Forum concluded in the Russian capital, Moscow, with the participation of Prime Minister Mr. Saïfi Ghrib, representing President Abdelmadjid Tebboune, adopting the 'Moscow Declaration' which highlighted the role of the forum countries as reliable suppliers of natural gas and the contribution of gas to global energy security. The declaration emphasized the commitment of the forum countries to develop […]

A British company has launched marine inspection and monitoring operations for the gas pipeline 'Transmed', known as 'Enrico Mattei', linking Algeria and Italy across the Mediterranean Sea via Tunisia, to verify the condition of the underwater pipes, their safety, and protection status, in operations continuing until December 15. According to local media reports from the Italian island of Sicily, the inspections began on Tuesday, October 27, in the waters off the Capo Feto area, in the city of Mazara del Vallo on the Italian island of Sicily, and include examining the seabed and the underwater pipes extending in the area, under a decision issued by the Mazara del Vallo port authority, which specifies the conditions for carrying out the works.

The President, Abdelmadjid Tebboune, called for a constructive dialogue leading to a consensual regulatory framework that ensures the security of investments and directs them towards the areas most in need.

The President of the Republic, Abdelmadjid Tebboune, highlighted the role of the 'Algiers Declaration' stemming from the seventh summit of the Gas Exporting Countries Forum held in Algeria in the year

The President, Abdelmadjid Tebboune, delivered a speech to the participants at the eighth summit of the Gas Exporting Countries Forum, which commenced its work today, Tuesday.

Algeria - The CEO of SONATRACH, Nourredine Daoudi, during his meeting with a delegation from the Czech company Škoda led by Daniel Beneš, Chairman of the Board of the Czech company, discussed the implementation of the contract linking the two companies since 2024, while addressing the possibilities of its extension, according to a statement from the group today, Tuesday.

OPEC+ member countries are set to keep the targeted production levels for December unchanged during their scheduled online meeting next Sunday, according to three informed sources cited by Reuters, which indicated that the alliance is currently focusing on negotiations related to production quotas for 2027. The meeting includes seven major countries in the alliance: Algeria, Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, and Oman, at a time when Gulf member countries are working to increase their oil exports that have been disrupted for several months due to the Iranian war, despite most of these countries continuing to pump quantities significantly below the targeted production quotas. View the full content on الشروق أونلاين.

Read the full content on Echourouk Online. The post Arqab confirms that the Trans-Saharan Gas Pipeline project has moved to the implementation phase appeared first on Echourouk Online.

The Nigerian Minister of State for Petroleum Resources in charge of gas, Ikebekpe Ikpo, highlighted today from Moscow the developmental and economic dimensions of the Trans-Saharan gas pipeline that connects Nigeria to Algeria via Niger, especially for the Sahel countries, noting that the project is a priority, as Nigeria will extend a pipeline from the south of the country to the north to realize this continental energy facility.