First Independent Mena Newspaper
Algerian state-owned company “Sonatrach” is planning to invest at least $70 billion over the next 20 years for the exploitation of shale gas in the Saharan region. The plan was disclosed by the company’s managing director Said Sahnoun who hopes his country would be able to produce 20 billion cubic meters per year from 200 […]
Sonatrach, a state owned energy group, has renewed its efforts towards increasing its production levels in oil and gas with the approval of a $100billion investment plan in the next five years. The production of shale gas before 2020 is also part of their plans. The approval of the plan came ahead of the opening […]