Hydrocarbons: “Signing of 5 major contracts worth over $600 million USD”
On Monday, the Minister of Energy, Mines, and Renewable Energies, Mr. Mohamed Arkab, oversaw the signing ceremony of 5 hydrocarbon contracts with foreign partners, with a total investment value of no less than $606 million USD, for a period extending up to 30 years. According to a statement from the supervising ministry, these contracts are […] The post Hydrocarbons: “Signing of 5 major contracts worth over $600 million USD” appeared first on الشروق أونلاين.
On Monday, the Minister of Energy, Mines, and Renewable Energies, Mr. Mohamed Arkab, oversaw the signing ceremony of 5 hydrocarbon contracts with foreign partners, with a total investment value of no less than $606 million USD, for a period extending up to 30 years.
According to a statement from the supervising ministry, these contracts are part of the results of the “Algeria Bid Round 2024,” which is the first international competition organized under the new Hydrocarbons Law No. 19-13.
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The post Hydrocarbons: “Signing of 5 major contracts worth over $600 million USD” appeared first on الشروق أونلاين.
