Spain now served via Almeria by Algerian gas
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ALGIERS - The Medgaz, linking Algeria (Beni-Saf) to Spain (Almeria), was activated Tuesday by the CEO of Sonatrach, Noureddine Cherouat and Pedro Miro, Board Chairman of Medgaz consortium.
- The ceremony, a symbolic opening of the valve of the pipeline, was attended by executives of Sonatrach and representatives of various shareholders of Medgaz, APS reported.
Cherouat says, gas would reach the Spanish port city of Almeria in three hours.
This operation, preceded by a trial between November 2010 and January 2011, embodies the gas supply to the other shore of the Mediterranean to be exploited in the first quarter of 2011.
Last month, Algerian Foreign Minister Mourad Medelci assured that the pipeline would be placed in service "before end of March."
This submarine pipeline with a capacity of 8 billion m3 of gas per year has a total length of 1,050 km including 550 km on Algerian territory and 210 km offshore in deep waters up to 2,160 meters.
The Medgaz consortium consists of the Algerian group Sonatrach (majority with 36%), Spanish Cepsa and Iberdrola (20% each), Gaz de France and Endesa (12% each).
Its total cost is estimated at over one billion euros.
Ennaharonline/ M. O.
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