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SONATRACH signs a memorandum of understanding on emission reduction

November 3, 2026إقتصاد - الشعبechaab.dzTranslated from Arabic
إقتصاد - الشعب

Today, Tuesday in Algiers, the SONATRACH group signed a memorandum of understanding with the German company 'VNG' and the Norwegian company 'ICA Finance', aimed at reducing emissions and developing low-carbon solutions, while encouraging technology transfer and capacity building. The signing ceremony took place on the sidelines of the workshop on climate finance and carbon markets, organized by the Ministry of Energy and SONATRACH, in the presence of all...

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Memorandum of Understanding between SONATRACH and the World Bank in the field of reducing gas flaring and developing green hydrogen

Algeria - The SONATRACH group, along with the International Bank for Reconstruction and Development and the International Finance Corporation, members of the World Bank Group, signed a memorandum of understanding today, Tuesday, in Algiers, aimed primarily at developing cooperation and partnership opportunities in the field of reducing gas flaring, methane emissions, and developing green hydrogen and its derivatives.

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