State Energy Firm in Talks with Foreign Investors on Trade Venture

State Energy Firm in Talks with Foreign Investors on Trade Venture

State Energy Firm in Talks with Foreign Investors on Trade Venture

Algeria’s state energy firm Sonatrach is in talks with 14 international firms for a joint venture to trade oil and gas products, soon after reaching a deal earlier this year to buy Exxon Mobil’s 175,000 barrel-per-day Augusta refinery in Italy. Potential partners that have held talks with Sonatrach in recent weeks, include BP, Total, Royal Dutch Shell, Chevron, Repsol and Vitol.

For more information, please see https://www.africalegalnetwork.com/wp-content/uploads/2018/09/August-2018.pdf

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