Sonatrach enters oil and gas development contract with six Algerian companies
National hydrocarbons company Sonatrach has signed contracts totaling 67 billion dinars with its subsidiaries as well as other Algerian companies as part of the development of gas and oil fields in The west of the country.
During the signing ceremony, chaired by the CEO of Sonatrach, Tewfik Hakkar, the public group entrusted six Algerian companies namely, ENGCB, SARPI, ENGTP, ENAC, KANAGHAZ and COSIDER Pipelines, the construction of collection networks and shipping lines for the gas field development project in the southwest of the country, which total a length of over 700 km.
“Considering the importance of this project, we divided it into several projects to save time. The other objective is to ensure a load plan for the benefit of SONATRACH subsidiaries and Algerian companies, especially after the context caused by the health crisis ”, indicated Mr. Hakkar during a press briefing on the sidelines of this event. ceremony.
He thus indicated that once received, this project will ensure an estimated gas production contribution of 11 million m3 per day by 2022. In the same context, SONATRACH has signed with the SARPI / SAFIR Group. a contract relating to the development of the western oil fields of TOUAT - Phase 2.
“This project will supply the Adrar refinery with 6,000 barrels per day of crude oil by 2022”, explained the CEO of Sonatrach.
Another contract was signed with COSIDER Canalisations relating to the compliance of the detection / extinguishing systems and the fire prevention networks of the RTO “Zone d'Arzew” transport facilities.
In addition, a contract was signed between the Sonatrach Group and the ENAC company, concerning the supply, installation and commissioning of new cathodic protection systems for the pipeline layer (Hassi R'Mel - Arzew) in the transport region. west “RTO”.
“These projects fall within the framework of the guidelines of the President of the Republic in order to develop and support national companies by giving them priority in projects”, he stressed adding that it is also a question of reducing the transfer of foreign currency.
According to Mr. Hakkar, these projects could generate nearly 3,000 jobs and support national gas production capacities. It should be noted that the conclusion of these contracts takes place, according to the managers of the National Group, within the framework of Sonatrach 's desire to promote local content in the development of its activities.