Algeria: Sonatrach partnership agreement with Total
Issue 344
- 21 Apr 2017
| 1 minute read
Sonatrach and Total on 10 April signed a comprehensive agreement strengthening their existing partnership in Algeria. Total said the agreement enables the two companies to expand their partnership by progressing new upstream projects, notably with a new contractual framework for the Timimoun gas project, continued joint operations for the Tin Fouye Tabancourt (TFT) gas field under a new agreement, and joint development of a new project, as well as what a Total statement described as “the amicable settlement of outstanding differences between the two companies”.
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