Sonatrach, partners to invest $4 billion to produce 1 billion oil equivalent in Berkine

Reuters July 19, 2022

The logo of the state energy company Sonatrach is pictured at the headquarters in Algiers

ALGEIRS – Algeria’s Sonatrach and its partners Occidental, TotalEnergies and ENI will invest $4 billion dollars in the perimeter of Berkine to produce 1 billion of oil equivalent barrels, Sonatrach’s CEO Tewfik Hakkar told reporters.

(Reporting by Lamine Chikhi, Editing by Louise Heavens)

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