Petroceltic International gets green light on Algeria project

Petroceltic International has reached a milestone in its development plans for its Ain Tsila gas-condensate field after receiving approval from the Algerian Competent Authorities.

Petroceltic International has reached a milestone in its development plans for its Ain Tsila gas-condensate field after receiving approval from the Algerian Competent Authorities.

The project in Algeria will now move forward into a 30-year development phase following the approvals along with the field's declaration of commerciality in August and an agreement with Sonatrach to market all gas produced.

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