Hydrocarbons

Sonatrach maps out major exploration investment plan by 2030

Tuesday, February 24, 2026 14:29
Hydrocarbons: Sonatrach maps out major exploration investment plan by 2030

ALGIERS  - Sonatrach group has drawn up a major investment plan in exploration aimed at ramping up prospecting activities in the national hydrocarbon mining domain, so as to renew oil and gas reserves, said the group’s CEO, Noureddine Daoudi, emphasizing that exploration and production activity alone represents 75% of development investments for the period 2026-2030.

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Sonatrach maps out major exploration investment plan by 2030 | Algérie Presse Service