Algerian national oil company (NOC) Sonatrach signed a Memorandum of Understanding (MoU) with Niger’s NOC SONIDEP to explore opportunities for cooperation in hydrocarbon exploration and production.
Signed during a working visit to Algiers by Nigerien Minister of Petroleum Sahabi Oumarou, the agreement paves the way for the companies to form partnerships in hydrocarbon exploration, production, refining, petrochemicals and petroleum product distribution. According to Sonatrach, the agreement aligns with its goal to strengthen partnerships with Nigerien firms through joint exchange programs, particularly in specialized training.
Prior to the signing, Sonatrach CEO Rachid Hachichi met with Minister Oumarou to discuss enhancing oil and gas cooperation through Sonatrach’s exploration efforts in the Kafra oil field in northern Niger. The two parties also reviewed progress on the strategic Trans-Saharan Gas Pipeline project, which aims to link Nigeria to Algeria via Niger.
