TotalEnergies and SONATRACH sign hydrocarbon MoU for gas exploration in Algeria

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.