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Al-Araby
Al-Araby
Algerian oil and gas giant Sonatrach said Thursday it had signed a deal with Libya’s National Oil Corporation to restart its operations in the war-torn nation. The Algerian group announced the deal during a visit to the neighbouring North African country by its chief Toufik Hakkar. “Sonatrach and the National Oil Corporation signed a memorandum of understanding in Tripoli today to strengthen their partnership in the oil and gas sector,” it said in a statement. “The MoU aims for a restart of Sonatrach’s activities in Libya to fulfil its contractual obligations and develop fields that have been …