Petroceltic extends negotiations on Algerian field

Petroceltic said it has agreed to extend negotiations on the development of the Ain Tsila gas field in Algeria with Sonatrach and Enel for a further 15 days until August 10th.

25th July, 2012
Petroceltic extends negotiations on Algerian gas field

Petroceltic said it has agreed to extend negotiations on the development of the Ain Tsila gas field in Algeria with Sonatrach and Enel for a further 15 days until August 10th.

It expects the declaration of commerciality to be in final form for submission to the competent authorities for approval by this date.

The three companies have been working on a draft development plan for the field.

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