The 42.7 billion Algerian dinar ($300.57 million) contract involves boosting Algeria's gas output, which reached 103 billion cubic metres in 2021.
($1 = 142.0654 Algerian dinars)
(Reporting by Lamine Chikhi; editing by Jason Neely)
ALGIERS (Reuters) - Algeria's Sonatrach on Thursday signed a 36-month EPC (engineering, procurement and construction) contract with Petrofac at the Alrar gas field, Sonatrach said.
The 42.7 billion Algerian dinar ($300.57 million) contract involves boosting Algeria's gas output, which reached 103 billion cubic metres in 2021.
($1 = 142.0654 Algerian dinars)
(Reporting by Lamine Chikhi; editing by Jason Neely)
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26.88 GBX | +3.38% | +11.18% | 170M | ||