Algeria’s Sonatrach has signed several agreements this year with foreign investors to help boost the state-owned company’s oil and natural gas output under a plan introduced last year.

The company has entered several memorandums of understanding (MOU) this year, including with Eni SpA and Equinor ASA to further explore the In Salah and In Amenas region in Algeria’s southwest. Additionally, Sonatrach and TotalEnergies SE signed an MOU to develop gas resources in Algeria’s northeast Timimoun region. 

TotalEnergies also extended its existing 2 million metric tons/year (mmty) supply agreement with Sonatrach through 2025 to deliver LNG to the Fos Cavaou terminal near Marseille, France. 

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