First Independent Mena Newspaper
Algeria’s gas giant Sonatrach will continue supplying Italian natural gas distributor, ENEL Group, for additional 10 years under an agreement between the two sides signed on Wednesday. The deal cements tight cooperation between the state-run gas company and the Rome-based multinational. The partnership dates back to 1991. The new deal will end in 2028, Sonatrach […]
Energy companies are all trying to get a share of Algeria’s oil and gas reserves as the country tries to boost its production capacity. The latest company to join the energy companies in Algeria is Dragon Oil Company based in the Emirates. It is an international oil and gas exploration, development and production company. The […]
Spain’s oil company Repsol has discovered lately gas in the Illizi basin, in the south east of Algeria. The discovery was made during an exploration campaign launched in 2011 at the Tihalatine South-1 well in the Sud-Est Illize block. A consortium led by Repsol won in 2010an exploration license to dig for oil and gas […]