Browsing: Algeria

The Libyan National Oil Corporation’s Chairman, Farhat Bengdara, and the Algerian state Sonatrach Company’s General Director, Rachid Hachichi, signed today annexes to extend the Exploration Production Sharing Agreement (EPSA) agreements for Area 95/96 and Area 65, to compensate Sonatrach for the suspension period due to the force majeure situation, according to the Government of National Unity (GNU).

Libyan Oil Minister Mohamed Aoun, and his Algerian counterpart Mohamed Arkab, discuss the return of Algerian energy companies to work in Libya, during a meeting between the two on the sidelines of the meeting of oil ministers of the member states of the Organization of the Petroleum Exporting Countries (OPEC), which was held on Saturday 3 June at OPEC’s headquarters in Austria.