In Algeria, the use of chlorine in drinking water treatment is a widespread practice. When chlorine combines with natural organic matter (NOM), it forms various chlorine by-products such as trihalomethanes (THMs). In this work, we studied the relationship between chlorine consumption and THM formation, by chlorination of hydrophobic and transphilic (TRS) fractions. We compared the kinetic behavior and the THM formation potential of two major dams in east Algeria. A nonlinear regression modeling study showed a good correlation of the specific chlorine consumption and the specific THM formation. In the case of Ain Zeda dam and at pH = 7, the specific THM yield coefficients αS were: 6.57 and 10.22 μg-THM/mg-Cl2.mg-C.L−1 for hydrophobic and TRS fractions, respectively, while at the same pH, they were 12.07 and 23.66 μg-THM/mg-Cl2.mg-C.L−1 for Ain Dalia dam. Although the NOM concentration of Ain Zeda dam was higher than that of Ain Dalia dam, the THM formation potential of Ain Dalia dam was greater than that of Ain Zeda dam. It seems clear that the water source origin and characteristics play a key role in this case. They affect the THM formation due to the complex composition of humic substances which differs from one source to another.