Algeria's Sonatrach signs $1 billion gas plant deal with Larsen & Toubro

Algeria`s Sonatrach has signed a $1 billion contract with India`s Larsen & Toubro to build plants to produce 11 million cubic metres of gas per day, Sonatrach`s CEO said on Monday.

"The project shows that we still have gas and we can raise output in the coming few years," Sonatrach`s Abdelmoumene Ould Kaddour told reporters.

Algeria’s gas output was 135 billion cubic metres for whole in 2018.

Add Zee Business as a Preferred Source

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)