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Algeria and Egypt sign two agreements to develop the Hassi Bir Rakaiz field and market hydrocarbons

May 5, 2026AL24 | الاقتصادal24news.dzTranslated from Arabic
Algeria and Egypt sign two agreements to develop the Hassi Bir Rakaiz field and market hydrocarbons

Algeria and Egypt signed today, Tuesday, a contract to initiate the second phase of the Hassi Bir Rakaiz field development project, along with signing a memorandum of understanding to frame discussions on contracts for marketing crude oil and petroleum products.

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