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-Nakhalah: We are the rightful owners, and we must fight to retrieve our rights
Al-Nakhalah: The enemy and its allies must know that we can never surrender to their terms and diktats after all the sacrifices made
Al-Nakhalah: The prisoner exchange clause can be completed in the next few days, and thus we will have pulled the [explosion] fuse and removed the enemy's justifications for aggression
Al-Nakhalah: The Resistance has expressed its willingness to negotiate on the basis that there are items that can be dealt with positively, the first of which is the prisoner exchange item
Al-Nakhalah: Trump's plan entails the Palestinian people's declaration of complete surrender to the enemy
PIJ Secretary-General, Ziyad al-Nakhalah, in an address aired on Al Mayadeen: The Resistance is engaging in a fierce negotiating battle under the so-called Trump plan
Russian Federation Council approves joint military cooperation agreement with Cuba
Al-Nunu: Today, the lists of prisoners required to be released, the agreed-upon criteria and numbers, were exchanged
Al-Nunu from Sharm el-Sheikh: Negotiations focused on mechanisms for implementing an end to the war, the withdrawal of occupation forces from the Gaza Strip, and the exchange of prisoners
Al-Nunu from Sharm el-Sheikh: Mediators are making great efforts to remove any obstacles in the way of implementing the ceasefire, and a sense of optimism now prevails among all parties

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

Tucker Carlson speaks at a memorial for Charlie Kirk, Sunday, September 21, 2025, at State Farm Stadium in Glendale, Arizona (AP)

Tucker Carlson: Israeli officers gave orders on Iran inside Pentagon

  • Politics
  • 2 Oct 2025
A Hamas fighter in combat fatigues stands before the ceremony for the handover of Israeli captives to the Red Cross in Nuseirat, central Gaza Strip, Saturday, February 22, 2025 (AP)

Hamas responds to Trump plan, backs Gaza withdrawal, exchange

  • Politics
  • 3 Oct 2025
ap

'Israel' pays influencers $7K per post to whitewash Gaza genocide

  • Politics
  • 1 Oct 2025
Mossad’s secret role in Aldo Moro’s 1978 murder revealed

Mossad’s secret role in Aldo Moro’s 1978 murder exposed

  • Politics
  • 5 Oct 2025

Coverage

All
War on Gaza

Read Next

All
In this May 20, 20201, photo Marine Gen. Frank McKenzie, the head of US Central Command, arrives in Baghdad, Iraq (AP)
Politics

US spent $33 billion on post-Oct.7 genocide, wars, Brown Uni reports

Speaker of the House Mike Johnson, R-La., holds a news conference to mark the seventh day of the government shutdown, at the Capitol in Washington, Tuesday, Oct. 7, 2025. (AP)
Politics

US troops face unpaid wages as government shutdown drags on

Mourners wave Hezbollah and a Palestinian flag during the funeral of Hezbollah former leader Sayyed Hassan Nasrallah and his successor Sayyed Hashem Safieddine in the Sports City Stadium in Beirut, Lebanon, Sunday, February 23, 2025 (AP)
Politics

Hezbollah voices support for Gaza, Resistance on October 7 anniversary

Al-Aqsa Flood restored Palestinian cause on the global stage: Hamas
Politics

Al-Aqsa Flood restored Palestinian cause on the global stage: Hamas

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