[Algeria] Sonatrach partners with Shell on supply and trading of hydrocarbons
16-04-2021 08:46:50 | by: Bob Koigi | hits: 1445 | Tags:

Libya’s national hydrocarbons company Sonatrach and Shell International Trading and Shipping Company Limited have signed a memorandum of understanding, which provides a framework for companies to explore means of cooperation on the supply and trading of hydrocarbons.

“SONATRACH and Shell International Trading and Shipping Company Limited signed a memorandum of understanding to cooperate on the supply and trading of hydrocarbons,” read a statement from Sonatrach.

The agreement provides a “framework for companies to explore means of cooperation on the supply and trading of crude oil, natural gas and petroleum products as well as on trade in environmental products”, the National Company said.

The Document will also allow “the two companies to discuss ways to reduce greenhouse gas emissions and improve carbon management practices,” the statement added.

www.sonatrach.com