TotalEnergies Boosts its Alliance with Sonatrach to Expand Renewable Projects in Algeria
In the meeting between Patrick Pouyanné, Chairman and CEO of TotalEnergies and Toufik Hakkar, Chief Executive Officer of SONATRACH, several agreements were inked to strengthen the cooperation between the two companies for the development of renewables in Algeria.
July 11, 2023. By EI News Network
Under an agreement, TotalEnergies and SONATRACH will cooperate to develop renewable energy projects in Algeria including renewables projects to solarize exploration and production sites for oil and gas; a study of the potential for renewable, low-carbon hydrogen for the export market; an R&D program in low carbon energies and the energy transition.
Patrick Pouyanné, Chairman and CEO of TotalEnergies stated, "I am delighted to sign these new agreements with our strategic partner SONATRACH. They testify to TotalEnergies’ close ties to Algeria, whose resources contribute directly to Europe’s energy supply and security. We are also delighted to be able to support Algeria in its energy transition and in the development of its huge potential for renewable energy production.”
TotalEnergies is an international multi-energy firm that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity.
please contact: contact@energetica-india.net.
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