Repsol makes gas discovery in Algeria

4/8/2013

Repsol makes gas discovery in Algeria

BY ENZA TEDESCO

MADRID -- Repsol has made a gas discovery in the Sud-Est Illizi block, in the southeast of Algeria, the second since last November, report Spanish newspapers in their Internet editions.

Repsol operates the block, has a 25.7% stake in the project, Enel has a 13.5% stake, GDF Suez a 9.8%, while the remaining 51% holding is in the hands of Sonatrach.

Dow Jones Newswires

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