Tuesday 21 May 2024

Julien Pouget

TotalEnergies expands its ties with Algeria's Sonatrach

ALGIERS, April 9, 2024

TotalEnergies and Sonatrach have signed a Memorandum of Understanding (MoU) with the aim of concluding a hydrocarbon contract in the north-east Timimoun region
Under the aegis of Law n°19-13 governing hydrocarbon activities, this MoU outlines the realisation of a work programme for the appraisal and development of gas resources in the North-East Timimoun region, in synergy with existing processing facilities for production from the Timimoun field, to reduce costs and emissions.
Shared willingness
"This MoU reflects our shared willingness to expand our strategic partnership with Sonatrach," said Julien Pouget, Senior Vice President Middle East & North Africa, Exploration & Production at TotalEnergies.
Earlier this year, TotalEnergies and Sonatrach have extended their cooperation in the field of liquefied natural gas (LNG) by extending their contractual relationship until 2025. In 2025, Sonatrach will thus be delivering two million tonnes of LNG to TotalEnergies at the port of Fos-Cavaou, near Marseille, which will contribute directly to the security of energy supply in France and Europe.--TradeArabia News Service


More Energy, Oil & Gas Stories

calendarCalendar of Events