French Major Expands Gas Development Partnerships with Algeria - Africa’s premier report on the oil, gas and energy landscape.

French Major Expands Gas Development Partnerships with Algeria

French major TOTALEnergies and Algerian state hydrocarbon company SONATRACH have signed a Memorandum of Understanding aimed at concluding a hydrocarbon contract in the north-east Timimoun region, under the aegis of Law n°19-13 governing hydrocarbon activities.

This Memorandum of Understanding outlines the realization 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.

“This Memorandum of Understanding 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.

The two companies had earlier in 1Q 2024,  extended their cooperation in the field of liquefied natural gas (LNG) by extending their contractual relationship until 2025.

By the terms of that deal, SONATRACH will 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.

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