Algeria and Russia’s relationship – a balancing act or a real union?
For Russia, the Maghreb region presents many business opportunities that are not strictly limited to the energy and arms sectors
This Memorandum of Understanding between the two companies, TotalEnergies and SONATRACH, outlines the completion of a work program for the appraisal and development of gas resources in the North-East Timimoun region. The merger of resources is to help the synergy with existing processing facilities for production from the Timimoun field, to reduce costs and emissions. Earlier this year, TotalEnergies and SONATRACH extended their cooperation in the field of liquefied natural gas (LNG) by extending their contractual relationship until 2025.
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