Algeria’s Sonatrach signs $300 million EPC contract with Petrofac

ALGIERS (Reuters) – Algeria’s Sonatrach on Thursday signed a 36-month EPC (engineering, procurement and construction) contract with Petrofac at the Alrar gas field, Sonatrach said.

The 42.7 billion Algerian dinar ($300.57 million) contract involves boosting Algeria’s gas output, which reached 103 billion cubic metres in 2021.

($1 = 142.0654 Algerian dinars)

(Reporting by Lamine Chikhi; editing by Jason Neely)

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