TotalEnergies and SONATRACH have formalised their collaboration by signing a Memorandum of Understanding aimed at concluding a hydrocarbon contract in the north-east Timimoun region, in accordance with Law n°19-13 governing hydrocarbon activities.
The MoU delineates a comprehensive work programme for the appraisal and development of gas resources in the North-East Timimoun region. This programme is designed to synergize with existing processing facilities for production in the Timimoun field, with the overarching goals of cost reduction and emissions mitigation.
Julien Pouget, senior vice president of Middle East and North Africa Exploration and Production at TotalEnergies, commented on the significance of the MoU, stating, “This Memorandum of Understanding reflects our shared commitment to expanding our strategic partnership with Sonatrach.”
Earlier this year, TotalEnergies and SONATRACH extended their cooperation into the liquefied natural gas sector, prolonging their contractual relationship until 2025. As part of this extension, SONATRACH will deliver two million metric tonnes of LNG to TotalEnergies at the port of Fos-Cavaou, near Marseille, in 2025. This collaboration contributes directly to the security of energy supply in France and Europe.
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