Project Profile
Value: US$4 billion
Area: 17,358 sq. km
Reserves (2P): 61.5 billion cubic metres
Plateau production: 4 billion cubic metre per year
Start-up year: July 2019
The Ahnet Gas Field is located near in Salah in southwestern Algeria, covering an area of 17,358 square kilometers in which twelve natural gas formations have already been discovered. The US$4 billion Ahnet license contains significant reserves (approximately 500 billion cubic meters of gas) which should produce at least 4 billion cubic meters a year. Production is mainly composed of hydrocarbon gas with small quantities of condensate. Total developed the Ahnet finds with partners Partex and Sonatrach. The development includes construction of a 380km gas pipeline to connect to the in-Salah gas development project. Under the terms of the deal to develop the area, Total must produce 4 billion cubic metres per year of gas from the area from 2015 onwards.
Operator:
Total: 47% interest (left the field in November, 2014)
Partex: 2% interest
Sonatrach: 51% interest