Algeria says LNG capacity to recover in months
Algeria’s liquefied
natural gas (LNG) production capacity should return to normal in a few
months after an accident cut capacity by as much as 20 percent,
Algerian energy minister, Youcef Yousfi, said on Thursday.
Algeria is one of
the world’s biggest LNG exporters, with a capacity of 30 billion cubic
metres (bcm) a year, but output has dropped due to a problem with one
of its facilities, he said, ahead of an OPEC oil exporters’ meeting in
Vienna.
“We had (LNG)
capacity destroyed due to an accident,” he said, adding that the
capacity lost was equivalent to around 5-6 bcm/year.
He did not say when the problem occurred or give a more exact timeline for when it might be fixed.
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