News In Brief
Algeria studies resuming Sonatrach activities in Libya
June 20, 2020 - 11:39
Written by: SafaAlharathy
The Algerian Energy Ministry has referred to ongoing contacts with the Libyan side, regarding the resumption of the state company "Sonatrach" activities in Libya, under certain conditions, as part of the agreement signed between the two sides at the beginning of the year 2018.
The Algerian Energy Minister, Mohamed Arqab said in a hearing on the Finance and Budget Committee in Parliament, on Thursday evening that Sonatrach would resume its activities abroad "if it is profitable".
He confirmed that coordination is underway with the Libyan Ministry of Energy so the company could resume its activities as soon as the appropriate conditions are in place, including the security situation.