2 November 2009
Khelil: European demand potential remains "huge"
ALGERIAN energy minister Chakib Khelil has dismissed concerns that weaker European gas demand could cause long-term difficulties for the continent's main suppliers. The potential for demand for gas in Europe in particular is huge," he told Petroleum Economist in an exclusive interview during last month's World Gas Conference in Buenos Aires. "There is room for everybody." That includes the speculative trans-Sahara gas pipeline (TSGP), which would stretch almost 4,500 km from Nigeria to Europe, through Algeria. Despite Europe's weakening gas demand, TSGP remains on track for start-up in 2015, said Khelil, adding that its gas would be "more competitive than other sources". And he criticised th
Also in this section
23 April 2026
The addition of an oil pipeline to the Power of Siberia 2 gas project could ensure deliveries of Russian oil to China, materially shorten logistics lines between West Siberia and final customers, and—amid disruption in the Strait of Hormuz—offer a land-based export route that reduces exposure to maritime chokepoints
23 April 2026
There is a clear push to bolster exports to Asia amid uncertainty around its North American neighbour, but there are limits to the benefits from the energy crisis
23 April 2026
Shell made the play-opening discovery in Namibia’s Orange basin back in 2022, but its next well could decide whether the project can actually be commercialised
22 April 2026
The failure of OMV Petrom’s keenly watched exploration campaign at Bulgaria’s Han Asparuh block highlights the Black Sea’s uneven track record, despite major successes like Neptun Deep and Sakarya
