Algerian state energy giant Sonatrach has approved an ambitious five-year plan to develop Algeria’s hydrocarbons sector as the country seeks to reverse years of oil production declines and boost gas exports to Europe.
During a general assembly meeting led by energy minister Mohamed Arkab late last month, the state firm endorsed the 2026-2030 hydrocarbons development plan, according to a ministry statement. (CONTINUED - 185 WORDS)