Algeria and Chevron sign agreement on hydrocarbon potential

12:22 - 23.01.2025


January 23, Fineko/abc.az. The Algerian National Agency for the Development of Hydrocarbon Resources (Alnaft) and Chevron have signed an agreement.

ABC.AZ reports that they will jointly conduct a study of the potential of marine hydrocarbon resources on the coast of Algeria.

The agreement is designed for two years. According to the parties, this step serves to strengthen cooperation in the field of technical and geological research.