Gulf Oil and Gas accountACCOUNT

Shale Gas Exploitation in Timimoun

Source: Algeria Times 3/1/2014, Location: Africa

A draft of shale gas exploitation in ancient palm grove of Timimoun (province of Adrar) will be launched shortly "after its adoption by the Algerian authorities."

This is what the French magazine Marianne revealed in its latest edition to be published this Friday, who said that it was the Prime Minister Abdelmalek Sellal who have recently promised to launch this project.

According to Marianne, Timimoun will be "sacked" by exploiting its shale gas and its 130,000 residents will have to live elsewhere while calling the project an environmental disaster.

The same source indicates that Algeria, which has the third world reserves of shale gas, plans to invest $ 300 billion in the exploitation of the deposits by hydraulic fragmentation.

This information by Marianne must obviously be taken with great caution in the absence of a decision from the Algerian authorities on this subject. However, Martine Gozlan, a follower of the Arab Spring, notorious Zionist, and a journalist known for his Islamophobia and his virulent criticism of Algeria makes for time speculation and sensationalism.

For more information about related Opportunities and Key Players visit Algeria Oil and Gas Projects

Shale Gas News in Algeria >>

United States >>  10/13/2020 - Peregrine Energy Partners has announced the closing of producing royalty properties in the Marcellus Shale from multiple private sellers. The natural ...
Australia >>  10/12/2020 - Empire Energy Group Limited (“Empire”) is pleased to provide shareholders with an operational update on its 100% owned and operated Carpentaria-1 expl...

United States >>  10/1/2020 - Devon Energy Corp. has completed the sale of its assets in the Barnett Shale to Banpu Kalnin Ventures (BKV). Devon received a cash payment of $320 mil...
United States >>  9/10/2013 - EXCO Resources, Inc. announced BG Group plc (“BG Group”) has elected not to acquire 50% of the recently acquired producing and undeveloped oil and ga...

Related Categories: Coalbed Methane  General  Heavy Oil  Methane Clathrate  Oil Sands  Oil Shale  Shale Gas  Tight Gas  Tight Oil 

Related Articles: Coalbed Methane  General  Heavy Oil  Methane Clathrate  Oil Sands  Oil Shale  Shale Gas  Tight Gas  Tight Oil 


Algeria Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.