November 13, 2010 / 1:35 PM / 9 years ago

Russia's Gazprom discovers oil and gas in Algeria

MOSCOW, Nov 13 (Reuters) - Russian energy giant Gazprom (GAZP.MM) said on Saturday it has discovered hydrocarbon reserves in Algeria together with Algeria’s state-owned Sonatrach.

It said it discovered the reserves after a successful drilling an exploration well in El Assel license area in the oil- and gas-bearing Berkine Basin, its first such discovery in North Africa.

Gazprom said the well was producing a flow of 60,000 cubic metres of gas and 49.38 tonnes of oil per day.

Reporting by Vladimir Soldatkin; editing by Andrey Ostroukh

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below