Algeria's Sonatrach to Invest in Iraq

By John Lee.

Sonatrach, the state-owned Algerian energy company, is to form a joint venture with Iraq to cooperate in the harvesting of associated flare gas.

The will be used for power generation, and in the production of petrochemicals and fertilizers.

The deal was agreed during a visit by Algerian Energy Minister Mustapha Guitouni to Baghdad.

(Source: Oil Ministry)

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