Algeria’s energy earnings are forecast to fall to $26.4b next year while foreign exchange reserves will dip to $121b after low oil prices cut into the Opec nation’s economy.
Sonatrach state energy company Vice President, Salah Mekmouche, said the company would focus on developing more from older fields like Hassi Massoud, Hasi Berkine, and Illizi southwest and east.
Eni's Chief Executive Officer Claudio Descalzi offered to build clean energy in Algeria during a meeting with the Algerian Prime Minister Abdelmalek Sellal along with the energy minister and head of Sonatrach Group.
The level of the cooperation relations between Algeria and Tunisia in the field of energy has reached a level of "excellence," affirmed in Algiers Minister of Energy Salah Khebri and Tunisian Minister of Industry, En ...