Middle East Economic Survey
Sonatrach Signs Crude Exploration Agreement With Niger
Sonatrach International Petroleum Exploration and Production Corp (Sipex), a subsidiary of Algerias state-owned Sonatrach, on 9 June signed with the Republic of Niger a hydrocarbons reconnaissance contract for the Kafra block which covers an area of 23,737 sq km. Sonatrach said in a statement that work would be carried out over 12 years in three four-year periods. During the...