Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent: One was killed, another injured in a raid by an Israeli drone on the city of Khiam in South Lebanon
London views possibility of setting fire to tanker in port of friendly country to Russia to damage port infrastructure, initiate an international probe: Moscow
One of London's scenarios involves setting up accident with 'undesirable' tanker in one of the bottlenecks of maritime communications: Russian foreign intelligence agency
London plans to organize major sabotage with tankers to declare transportation of Russian oil to international shipping: Russian foreign intelligence agency
UK intelligence agencies plan to use NATO allies to launch massive raid on 'Shadow Fleet': Russian foreign intelligence agency
Palestinian Ministry of Health: Two were martyred in Israeli shelling that targeted a besieged house in the town of Qabatiya in Jenin
At least 68 dead in migrant shipwreck off Yemen: IOM
Trump: We want to feed the people in Gaza, we do not want them to starve.
US President Donald Trump: We will impose sanctions on Russia if it does not end the war on Ukraine.
Israeli media: Polls show that 52% oppose Prime Minister Benjamin Netanyahu while only 29% support him.

Algeria's Sonatrach, Sonelgaz sign deal with Italian ENI SpA

  • By Al Mayadeen English
  • Source: Agencies
  • 1 Aug 2024 16:18
2 Min Read

Algeria's state-owned Sonatrach and Sonelgaz sign an MoU with Italian gas giant ENI to facilitate the supply of electricity to Italy and Europe.

Listen
  • x
  • The flag of the Algerian Sonatrach group flies next to the Algerian flag on its headquarters in Algiers, Thursday, February 8, 2018 (AP)
    The flag of the Algerian Sonatrach group flies next to the Algerian flag at its headquarters in Algiers, Thursday, February 8, 2018. (AP)

The national state-owned oil company of Algeria, Sonatrach, along with its electricity and natural gas distribution company, Sonelgaz, signed a Memorandum of Understanding (MoU) with the Italian company ENI SpA on Thursday, a joint press release by the two companies revealed.

The release emphasized that the MoU will enable Sonatrach, Sonelgaz, and ENI SpA to jointly conduct feasibility studies for a power interconnection project between the Algerian and Italian electrical networks. This project will involve the realization of a submarine cable, facilitating the exchange or supply of electricity to the Italian and European markets.

"This highly strategic project will be a premiere and will create an energy hub linking Algeria to Europe," the statement added.

The MoU strengthens the existing cooperation between Sonatrach and ENI, building on the strategic memoranda of intention signed on January 23, 2023, in Algiers.

Related News

Qatar joins effort to explore Lebanon's offshore gas

Italy, Libya ink $8 billion dollar energy deal

The memorandum in question aims to outline future joint projects related to energy supply, energy transition, and decarbonization, as stated in the release.

Algeria to maintain supplier status

Youcef Khanfar, the Central Director of New Resources at the Sonatrach Group, emphasized a few months back Algeria's determination to maintain its status as "the largest supplier of natural gas in the Mediterranean basin and Africa." 

Khanfar, speaking to Algerian Radio (Radio Algérienne), highlighted Algeria's current position as the largest supplier across the Mediterranean and Africa, maintaining its commitment "to remain so by exploring new fields and improving production from fields under development."

The Central Director also noted significant progress in field production, with a notable increase of over 4 billion cubic meters of gas in 2022.

He also revealed plans to reach more than 10 billion cubic meters between 2024-2028 in terms of improving the production of deposits under development, noting that Sonatrach’s objective is to respond to the national demand increasing by 3 to 5% per year, expected to exceed 60 billion cubic meters starting from 2030.    

“We must also work more to improve the gas supply in order to keep our export market,” he added, confirming that projects are being carried out within the framework of the energy transition.

  • Algeria
  • Italy
  • Eni
  • Sonatrach

Most Read

A rescued crew member from the ETERNITY C vessel in a video released by the Yemeni Armed Forces on July 28, 2025 (Yemeni Military Media)

Yemen Navy reveals fate of targeted Eternity C ship crew

  • Politics
  • 28 Jul 2025
An Israeli tank explodes following an ambush by al-Qassam Brigades in Gaza, Occupied Palestine, undated (Al-Qassam Military Media)

Al-Qassam strikes Israeli vehicles in Gaza, inflicts casualties

  • Politics
  • 30 Jul 2025
UAE lodges complaint against Israeli ambassador over 'misbehavior'

UAE lodges complaint against Israeli ambassador over 'misbehavior'

  • Politics
  • 1 Aug 2025
Protesters chant anti-Israeli slogans as they carry a banner that reads:" Freedom for Palestine, Alliance stop the war," during a demonstration in support of Palestinians in Gaza, outside the Israeli embassy, in Athens, Monday, June 9, 2025 (AP)

Athens mayor slams Israeli ambassador over Gaza war, graffiti claim

  • Politics
  • 3 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
A member of the al-Qassam Brigades, the armed wing of Hamas, takes part in a parade as he celebrates a ceasefire agreement between Hamas and the Israeli regime in Deir al-Balah, Gaza Strip, Sunday, January 19, 2025 (AP)
Politics

Al-Qassam: We’ll allow aid to Israeli captives if Gaza siege ends

Freed Lebanese freedom fighter Georges Abdallah during an interview on Al Mayadeen, which aired on Sunday, August 3, 2025 (Al Mayadeen screengrab)
Politics

Exclusive: Resistance key to building state, Georges Abdallah says

United Nations Secretary General Antonio Guterres gives a statement about the situation in Gaza at UN headquarters, Friday, June 27, 2025 (AP)
Politics

UN warns Gaza faces water crisis, looming famine under Israeli siege

Israeli soldiers drive their armored personnel carrier along the Gaza Strip, in southern occupied Palestine, Wednesday, July 30, 2025 (AP)
Politics

Ex-Israeli general says Gaza starvation campaign isolated 'Israel'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS