Sonatrach-Equinor pact

Written by  John McKay
Tuesday, 18 May 2021
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May 18 (LNGJ) – Algerian state energy company Sonatrach, operator and of the Arzew and Skikda LNG export plants on the Mediterranean Coast, has signed a new cooperation accord with Equinor of Norway to consider opportunities in the fields of oil and natural gas exploration and production, new technologies and operational performance relating to hydrocarbons.

   “Sonatrach aims to extend its existing partnership with Equinor beyond the terms of the current contracts which expire in 2027,” stated Sonatrach Chief Executive Toufik Hakkar after the signing ceremony in Algiers with Equinor Vice President for International Developments, Alasdair Cook. Equinor is a partner with Sonatrach and BP in projects at In Salah and In Amenas, and in the Timissit operating area of the Illizi-Ghadames Basin near the border with Libya.

Last modified on Tuesday, 18 May 2021 07:38
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