Eni and Sonatrach signed an agreement that represents a further step towards strengthening their partnership in the Berkine basin and have agreed to begin a negotiation to look into extending the gas supply beyond the contractual deadline of 2019.
Such agreement, which is part of the Framework Agreement signed last April at the “Technical Scientific Days” event in Orano, aims to develop an ambitious program to relaunch exploration and development in the area, by optimizing existing infrastructures and putting them in synergy with the ones newly built: a 180km line that will quickly connect BRN with MLE’s assets, transforming it into the Berkine basin’s main gas hub.
Eni and Sonatrach also agreed on the commercial conditions for the 2018-19 thermal year in line with the gas market. Additionally, as part of a strengthening of their cooperation and partnership, the two companies have agreed to begin a negotiation to look into extending the gas supply beyond the contractual deadline of 2019.
Eni and Sonatrach also agreed to further strengthen their cooperation in petrochemical, renewables and offshore projects in Algeria as well as other international cooperation opportunities.
