Start of production
in Reggane, Algeria
10% of the gas
demand in Spain
At the end of 2017, production began in the Reggane Nord gas field in Algeria, one of our Company's most important projects in Africa.
The operator consortium in charge of developing the project is formed mainly by Repsol and Sonatrach, with a working interest of 29.95% and 40%, respectively.
The Reggane Nord area is located in the Algerian part of the Sahara Desert, approximately 1,500 km to the southwest of Algiers. The development project included the construction of a gas processing plant, and hundreds of miles of gas collectors, roads, and a pipeline.
These fields will reach their maximum production capacity of 8 million cubic meters of gas per day in 2018. Production is estimated to continue until 2041.
This initiative forms part of our commitment to moving towards a less carbon-intensive energy model. Gas currently accounts for 63% of our production and some 74% of our reserves.
Repsol has six production blocks and two exploratory blocks in Algeria.Net proven reserves of liquids and natural gas stood at 30.7 million barrels of oil equivalent. In 2017 our net production amounted to 12,159 barrels of oil equivalent per day. Net proved reserves of liquids and natural gas stood at 30.7 million barrels of oil equivalent.