The export revenue of Algerian state oil and gas company Sonatrach reached $60 billion in 2022, reported Ashq TV channel.
It is noted that Sonatrach has shown an increase in the company’s performance in recent years. In particular, the enterprise increased its oil production level from 185.2 million tons in 2021 to 189.9 million tons in 2022. Growth was 2%.
Sonatrach was founded in 1963 and later became the largest company in Algeria and one of the main players in the hydrocarbon market in Africa and the Mediterranean region. The company produces and transports oil and natural gas.
In January, Abdelkrim Thouaria, Algerian Ambassador to Rome reported About Algeria’s desire to create a gas hub in Italy, from which Algerian gas will flow to other European countries.
The Wall Street Journal, citing sources, in the first half of February Wrote On the resumption of cooperation negotiations with Algeria by the American oil company Chevron.
Al Jazeera this week reportedAlgerian President Abdelmajid Tebboun announced that he plans to visit Russia in May.