Algeria rehabilitates an oil refinery with a capacity of 60,000 barrels per day

The Hassi Messaoud field is considered the largest of its kind in the country. It was discovered by the French colonial authorities in 1956 and nationalized by Algeria on February 24, 1971 during the era of the late President Houari Boumediene.

The Algerian company, Sonatrach, announced the completion of work on a crude oil refining project in Hassi Messaoud, the largest oil city in the country, to pump 60,000 barrels per day.

The company said in a statement today, Thursday, that its CEO, Taoufik Hakkar, was transferred Wednesday to the southeastern city of Hassi Messaoud and visited the new separation and pressure center project for the southern periphery of the oil fields.

He pointed out that the completion rate of the project reached 99%, and it has a processing capacity of 60 thousand barrels per day of crude, and will facilitate the process of pumping and flowing oil into the hydrocarbon transportation network.

The Hassi Messaoud field is considered the largest of its kind in the country. It was discovered by the French colonial authorities in 1956 and nationalized by Algeria on February 24, 1971 during the era of the late President Houari Boumediene.

The Hassi Messaoud field has suffered aging in the past years, which necessitated new development projects to raise both production and reserves.

The share of Algeria, a member of the Organization of Petroleum Exporting Countries, "OPEC", currently amounts to one million and 13 thousand barrels per day, according to the reduction agreement within the framework of the "OPEC +" alliance.

A few weeks ago, Sonatrach announced two oil discoveries in the southeast of the country, the first with the Italian "Eni", with reserves estimated at 140 million barrels, and the second with its own capabilities, whose reserves are close to one billion barrels.