Middle East Economic Survey

VOL. L

No 8

19-Feb-2007

ALGERIA

Sonatrach International Signs Exploration Deal For Mali Blocks

Sonatrach International Petroleum Exploration and Development Corporation (SIPEX) on 9 February signed a four-year agreement with neighboring Mali covering exploration work in Block 20 in the Taoudeni Basin. SIPEX is to carry out geological and geophysical work in the 118,000 sq km block, which is adjacent to the Algerian border, and drill one well with exploration requiring an...