London-based independent Sunny Hill Energy (formerly Petroceltic) reveals in its 2019 report, released 13 October, that development of its key asset, Algeria’s 2.2tcf Ain Tsila gas field “progressed during the year but subsequent to the year end, activities were disrupted by the impact of the Covid-19 pandemic and completion of the development may be delayed as a result.”
The previous official schedule was for September 2022. Though project delays in Algeria are par for the course – the development of Ain Tsila to produce 3.5 bcm/y (340mn cfd) was originally slated for 2017 start-up (MEES, 21 July 2017) – Sunny Hill is particularly exposed to the risk given that it has now quit all of its other oil and gas assets. (CONTINUED - 980 WORDS)
