Sonatrach-Midad Energy Partnership
Sector: Oil and Gas • Location: Algeria
Source: Discovery Alert
A US$5.4 billion partnership between Algeria's Sonatrach and Saudi Arabia's Midad Energy for upstream exploration and production in the Illizi South Basin near the Libyan border. The partnership spans 30 years and features unique risk distribution, with Midad Energy financing the initial seven-year exploration phase. It operates under Algeria's Hydrocarbon Law No. 19-13, providing enhanced fiscal
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | A US$5.4 billion partnership between Algeria's Sonatrach and Saudi Arabia's Midad Energy for upstream exploration and production in the Illizi South Basin near the Libyan border. The partnership spans 30 years and features unique risk distribution, with Midad Energy financing the initial seven-year exploration phase. It operates under Algeria's Hydrocarbon Law No. 19-13, providing enhanced fiscal terms for international investors in frontier exploration areas. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |