Algeria/Libya: Sonatrach commits to return

Issue 440 - 10 Jun 2021

Algerian state energy company Sonatrach has committed to returning to its troubled neighbour Libya – an experience previously seen as a costly waste of time by many in Algiers. As National Oil Corporation (NOC) seeks to raise output to 1.3m b/d – and even to its pre-conflict high of 1.6m b/d – Algerian reports said the Libyan state company had asked Sonatrach to come back into Ghadames Basin Block 65, which it entered in 2005 and exited in 2014 as the security situation deteriorated.

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