The companies will increase output from two Sahara desert fields in southeastern Algeria, for export to France and elsewhere in Europe, the company said in a statement.
Under existing contracts the companies exploit the Tin Fouye-Tabankort area's TFT II and TFT South fields to produce gas, liquefied petroleum gas and condensate. It added that"the development investments of the second agreement, TFT South, are estimated at $407 million, with a recovery of 11.5 billion cubic metres of gas, 1.3 million tons of condensate and 1.6 million tons LPG".
The agreements also extend commitments between Sonatrach and TotalEnergies for the purchase and sale of liquified natural gas, the statement added without providing figures.
مصر أحدث الأخبار, مصر عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Algeria's Sonatrach says it honors all gas contracts with Spain -company chiefAlgerian state energy producer Sonatrach has honored all gas contracts with Spain, whatever the circumstances, Chief Executive Tewfik Hakkar said on Monday.
اقرأ أكثر »