DEPA chief’s Algiers trip likely to expand dealings with Sonatrach

DEPA, the Public Gas Corporation, and Algerian gas company Sonatrach appear likely to expand an existing LNG agreement for supply to the Greek market following a visit to Algeria by DEPA chief executive Theodoros Kitsakos late last month.

The DEPA chief traveled to Algiers for talks with Sonatrach officials and also to take part in the 15th International Energy Forum, held between September 26 and 28 and titled “Global Energy Transition: An Enhanced Role for Energy Dialogue,” DEPA announced.

Kitsakos held talks with Amine Mazouzi, the Sonatrach chief, Mustapha Guitouni, managing director of Sonelgaz, the Algerian state-owned utility in charge of electricity and natural gas distribution, as well as other high-ranked officials to explore the potential for further development of the existing LNG supply deal between DEPA and Sonatrach as well as collaboration in other areas of mutual business interest.

Themes at the international forum covered the oil, gas and renewable energy markets, as well as energy security.

Major global oil players also held an unofficial OPEC meeting as a sideline event to discuss oil production and international prices.

Forum attendees included the Algerian Prime Minister Abdelmalek Sellal, the energy ministers of Algeria, Russia, Iran and Saudi Arabia, top officials from major global oil and gas companies, as well as highly-ranked representatives from the International Energy Association (IEA), International Gas Union (IGU) and the International Energy Forum (IEF).