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Sonatrach signs new contract chinese:
The Sonatrach group and the Chinese Sinopec This Sunday, July 20, concluded a “Agreement Protocol to define the framework of cooperation between the parties,” the Algerian gas giant announced in a press release.
The agreement aims to “conclude one. Therefore, more hydrocarbon agreements in areas of interest located in the basins of Gourara and Berkine is, and ultimately to assess and develop hydrocarbon resources in the areas concerned”, according to the press release.
Sonatrach. Meanwhile, Sinopec will also discuss the “work program, in order to agree on the evaluation and exploitation of these resources, by integrating best practices for the preservation of the environment and a responsible exploitation of natural resources. For example, »»
Sinopec strengthens its presence in hydrocarbons in Algeria – Sonatrach signs new contract chinese
The Sonatrach group explains that this memorandum of understanding expresses the “will of the two parties to strengthen their existing relationships. to expand their cooperation through new partnership opportunities in the exploration and development of hydrocarbons”.
China Petroleum and Chemical Corporation Sinopec has been present in Algeria since 2002. The Chinese oil group has exploited with Sonatrach the “Zarzaitine field as part of an association contract on hydrocarbon recovery. the development of this field”.
Last February. Sinopec signed a contract with Sonatrach For the exploration and exploitation of the perimeter of Hassi Berkane, an investment of $ 850 million.
Sinopec is one of the foreign oil groups who have obtained an exploration. exploitation permit of hydrocarbons in Algeria, after a call for tenders launched by Alnaft and whose results were released on June 17. The Chinese group was awarded sonatrach signs new contract chinese the Kirn El Kassa II zone.
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sonatrach signs new contract chinese — Sonatrach signs new contract chinese: The Sonatrach group and the Chinese Sinopec This Sunday, July 20, concluded a “Agreement Protocol to define the framework of cooperation between the parties,” the Algerian gas giant announced in a press release. The agreement a.
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