Oil & Gas Summit and Exhibition
Fully endorsed by:
Ministry of Energy and Mining of Algeria
90% SENIOR MANAGEMENT
IN-VR Oil & Gas is pleased to announce the first edition of ALNAFT’s official oil and gas conference and exhibition “Algeria Oil & Gas Summit & Exhibition”. The Summit is the first and only official event for the Algeria oil & gas industry.
Under the auspices of The National Agency for the Valorisation of Hydrocarbon Resources (ALNAFT), IN-VR Oil & Gas is honoured to organise the Algeria Oil & Gas Summit & Exhibition”.
The summit will present a unique platform for networking that will bring together existing and future operators in the oil and gas industry in Algeria and the Mediterranean.
With the official support and keynote addresses from Mr. Arezki Hocini, President of ALNAFT, and participation from all the major players in country and in the Mediterranean, the Summit will be the official annual platform for Government announcements and to strike new business partnerships in the region.
Algeria is Africa's leading natural gas producer, exporting more than 80% of its gas to Europe, as it ranks among the top three oil producers in the region with the third-largest oil reserves in Africa.
And that is only the tip of the iceberg, as two-thirds of the country’s prospective acreage is ripe for exploration, with great offshore exploration potential, and vast, untapped shale gas resources.
In terms of exploration potential, Algeria has immense potential with two-thirds of prospective acreage being underexplored or unexplored. Drilling density averages 14 exploration wells per 10,000 sq km, with only limited offshore exploration. With 41 potential licenses made available to foreign investors, opportunities to enter Algeria are more numerous than ever.
Algeria is one of the biggest innovators in the gas industry, having some of the most successful gas fields globally:
Hassi R’Mel, the largest gas field in Algeria, a 2.4 TCM giant, with probable reserves of 3 TCM
Amenas Gas Project: the largest wet gas development project in Algeria, producing 9 bil cubic meter per year and 50,000 barrels of condensate per year
The Tin Fouye Tabankort gas field: Producing over 80,000 barrels per day for 6 years
Major investments are taking place, as Sonatrach will invest $250 million to increase the output at the Tinhert gas field from 5 million cubic metters to 20 million cubic meters per day. This new wave of investments are opening the way for service providers and consultants.
Register now and connect with the IOCs behind these discoveries, meet your future partners and find how to make your own successful venture in Algeria.
Why now? New hydrocarbons, new opportunities
Algeria is making changes to its hydrocarbon law and its fiscal terms to attract more international oil companies as partners by creating a favourable legal and fiscal regime for IOCs to operate in and profit from its vast resources.
Join the official Algeria Summit and Exhibition and acquire the necessary knowledge to identify and make the most out of the potential opportunities in Algeria. Strengthen your network of contacts and develop your activities in the country.
Who would you meet?
Leadership of ALNAFT
Leadership of Sonatrach
CEOs and Managing Directors of the local operators and service providers
Oil & Gas experts and Consultants
Oil and Gas Law Experts
Governmental Bodies, Associations and National Oil Companies
Managing Directors, Vice Presidents, Members of the Board, Directors, Heads and Advisors of:
Assets and Projects
Oil and Gas Technology Services