• The expansion will be carried out by expanding the compression station in Beni Saf (Algeria).

Medgaz S.A. will increase his natural gas transport capacity between Beni Saf, in Algeria, and Almería, in Spain. After the expansion, Medgaz will have a transport capacity above 10.000 million cubic meters per year with regard to the current 8.000 million.

The estimated investment ascends to 68 million euros. The project will be operational in Januray 2021.

The Medgaz pipeline, being a direct route, is the most advantageous in terms of cost for natural gas supply to the south of Europe. The expansion is very favorable in terms of ratio between additional capacity and corresponding investment.

The project will involve the installation of a fourth turbocompressor at the Medgaz facilities in Beni Saf (Algeria) and will take place through an EPC (engineering, procurement and construction) contract, which has recently been awarded to the company Arkad ABB.

Medgaz operates the Algeria - Europe submarine pipeline, via Spain, supplying natural gas directly from Beni Saf, on the Algerian coast, and Almería, on the Spanish coast. Since its launch in April 2011, Medgaz has completed eight years and a half of uninterrupted operation, having been stablished as one of the most important entrances to the Spanish gas system.

MEDGAZ SA
External Relations
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www.medgaz.com