The Algerian oil and gas companies Sonatrach and Libyan Noc signed Monday, 15 January 2018, in Algiers an agreement on the joint management of hydrocarbon deposits located on the common border of the two countries.
According to a statement from Sonatrach, these are the gas fields of Alrar and Wafa, which were the subject in September 2006, a joint study conducted by a foreign consulting firm to confirm the communication between these two deposits.
Through this agreement, the two companies decided to update this study using the technical data acquired since January 2008 to date.
It should be noted that Sonatrach is among the few foreign oil companies to continue working in Libya despite the political and security crisis in the country.
