US EditionAlgeria's Sonatrach and Italy's Eni Sign $1.35 Billion Production ...
Summary by The New Arab
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Algeria’s Sonatrach and Italy’s ENI sign $1.35 billion deal
Algeria's state-run hydrocarbon company Sonatrach and the Italian energy company Eni on Monday signed a production sharing contract worth $1.35 billion to explore and develop hydrocarbons in southeastern Algeria, according to a statement. The 30-year contract covers the exploration and exploitation of hydrocarbons in the Zemoul El Kbar contract area, in the Berkine Basin, 300 km east of Hassi Messaoud, the Algerian group said in a statement. The…
·London, United Kingdom
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The two energy groups have just initialled a $1.35 billion agreement for the exploration and exploitation of hydrocarbons within the Zemoul El Kbar perimeter, a "new step" in their cooperation.
·Paris, France
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Descalzi: "A strategic project for Italy"
·Italy
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Coverage Details
Total News Sources18
Leaning Left2Leaning Right2Center2Last UpdatedBias Distribution33% Left, 33% Center, 33% Right
Bias Distribution
- 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right
L 33%
C 33%
R 33%
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