Private equity-backed Neptune Energy’s 450mn cfd (4.5bcm/y) capacity Touat gas project in Algeria has been shut-in due to mechanical problems since November, but the firm says a restart is now planned for Q3.
“The Touat gas processing plant remained shut-in throughout the second quarter as repairs and clean-up operations continued... Restart plans are being finalized to enable exports [plant output] to recommence shortly,” Neptune said in its second quarter results on 11 August. (CONTINUED - 382 WORDS)