The SONATRACH group has signed a memorandum of understanding with its Western partners, Eni and Total aimed at consolidating their relations and their “historic partnership” within the contractual perimeter located in blocks 404 and 208 of Berkine.

According to a statement from SONATRACH, the purpose of this memorandum of understanding is to develop a roadmap for the conclusion of a hydrocarbons contract in the Berkine basin , under the aegis of the new system governing hydrocarbon activities.

“The parties will put the means and resources to achieve this objective,” assures the same source.

This agreement reflects, according to the press release, the will of SONATRACH and its partners to consolidate their traditional relations and develop their cooperation through the search for new partnership opportunities. (APS).

KeyFacts Energy: Sonatrach Algeria country profile