TotalEnergies and Sonatrach signed agreements that will see more LNG coming into Europe and also support the production of renewable, low carbon hydrogen in Algeria.
Under one of the agreements, Sonatrach and TotalEnergies have extended for the year 2024 deliveries of 2 million tonnes a year of LNG from Algeria to TotalEnergies at the port of Fos-Cavaou in France.
Through a second agreement, which still remains subject to the approval of the Algerian authorities, Sonatrach and TotalEnergies will look to increase the gas production at the Tin Fouyé Tabankort II (TFTII) and Tin Fouyé Tabankort Sud (TFT South) fields in southern Algeria, which will include the upgrade of existing facilities and the drilling of additional wells. The combined production of the two fields is expected to exceed 100,000 boe per day by 2026, versus a level of around 60,000 boe per day in 2022.
With the third agreement, TotalEnergies and Sonatrach will be working together on renewable energies. This will include a project to produce low carbon hydrogen in Algeria for the export market; an R&D programme in low carbon energies and the energy transition; and initiatives to solarise the exploration and production sites for oil and gas and to power seawater desalination plants.
Tags: Hydrogen, LNG, LowCarbon, TotalEnergies
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