Hydrocarbons: Algeria’s LNG exports up by 7.8% in 2021

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ALGIERS- Algeria’s exports of liquefied natural gas (LNG), that is natural gas that has been cooled down to liquid form for ease and safety of non-pressurized storage or transport, increased by 7.8% in 2021, i.e. 11.48 million tons (MT), said, Wednesday, the Organization of Arab Petroleum Exporting Countries (OAPEC).

“Algeria closes the year 2021 with overall exports of 11.48 million tonnes against 10.58 million tonnes, i.e. an annual growth of 7.8%”. In the last quarter alone, Algerian LNG exports reached nearly 2.74 million tonnes compared to 2.5 million tonnes in the last quarter of 2020, representing a growth of 9.6% on an annual basis”, read OPAEP’s report entitled “LNG and hydrogen developments in the last quarter of 2021”.

In this vein, Skikda natural gas liquefaction plant continued its export operations during the last quarter of 2021, with a volume of 0.7 million tonnes, after several months of shutdown in 2020, while the remaining quantity from the Arzew natural gas liquefaction plant has been exported.

LNG cargoes exported last year by Algeria were mostly destined for European markets to meet European gas demand, placing Algeria as the fourth largest LNG exporter to Europe.

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