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Algeria: Sonatrach to invest $40 billion over five years in gas exploration, production and refining

The Algerian state-owned oil giant will invest $40 billion between 2022 and 2026 in the exploration, production and refining of gas, said its CEO, Toufik Hakkar to the Algerian international television channel, AL24 news. He said that the “third of these investments” will involve foreign partners.