Economy Country 2025-02-26T13:20:24+00:00

Announcement of Sonatrach Contract with Chinese Sinobec

Sonatrach, the Algerian energy company, confirms the signing of a contract with the Chinese Sinobec for the development and exploration of energy resources, which enhances investment cooperation between the two countries.


Announcement of Sonatrach Contract with Chinese Sinobec

The Algerian energy company Sonatrach announced the signing of a contract with the Chinese company Sinopec for the development and research of new projects in the country.

According to the official statement, this contract aims to strengthen cooperation between the two companies and will contribute to the development of the energy sector in Algeria.

"We are pleased to sign this contract with Sinopec and are confident that our cooperation will open new prospects for the development of the energy industry in our country," - said a representative of Sonatrach.

This step also demonstrates the companies' commitment to strengthening business relations at the international level and to fostering mutually beneficial partnerships for both sides.