Sat Nov 13, 2010
MOSCOW Nov 13 (Reuters) - Russian energy giant Gazprom (GAZP.MM: Quote) said on Saturday it has discovered hydrocarbon reserves in Algeria together with Algeria's state-owned Sonatrach.
It said it discovered the reserves after a successful drilling an exploration well in El Assel license area in the oil- and gas-bearing Berkine Basin, its first such discovery in North Africa.
Gazprom said the well was producing a flow of 60,000 cubic meters of gas and 49.38 tonnes of oil per day.
(Reporting by Vladimir Soldatkin; editing by Andrey Ostroukh)
© Thomson Reuters 2010 All rights reserved
Source: Reuters.
Link: http://af.reuters.com/article/commoditiesNews/idAFLDE6AC06X20101113.
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