The international expansion of the Algerian giant SONATRACH is bearing fruit on the currency front. Beyond the historical volumes generated by gas and crude trading, it is the strategic industrial investments anchored in Italy, Spain, and Peru that are currently boosting the group's foreign profits. A review of a deployment beyond borders that is now establishing itself as one of the major pillars of its overall growth.
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The Nigerian Minister of State for Petroleum Resources in charge of gas, Ikebekpe Ikpo, highlighted today from Moscow the developmental and economic dimensions of the Trans-Saharan gas pipeline that connects Nigeria to Algeria via Niger, especially for the Sahel countries, noting that the project is a priority, as Nigeria will extend a pipeline from the south of the country to the north to realize this continental energy facility.
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