Algiers, 21st July 2025
SONATRACH and ALNAFT announce today the signing of attribution deeds in addition to the signing of five hydrocarbon contracts relating to five different perimeters awarded resulting the “Algeria Bid Round 2024” call for competition, launched by the National Agency for the Valorization of Hydrocarbon Resources (ALNAFT).
The signing ceremony of these hydrocarbon contracts was organized at SONATRACH Headquarters, in the presence of Mr. Mohamed ARKAB, Minister of State, Minister of Energy, Mines and Renewable Energies, Mr. Noureddine OUADAH, Minister of Knowledge of Economy, Startups and Micro-enterprises, and representatives of Ministers of Industry, Environment and Quality of Life, as well as Mr. Rachid HACHICHI, Chairman and CEO of SONATRACH Group, and Mr. Samir BEKHTI, President of the Management Committee of ALNAFT.
With a duration of (30) thirty years, including (07) seven years dedicated to exploration activities, these contracts provide for the implementation of an exploration program involving a minimum investment of USD 606 million. The details of these contracts, signed under the aegis of Law n°19-13 relating to hydrocarbons, are as follows:
- Participation Hydrocarbons Contract for Research and Development of the “Toual II” perimeter, located in the Wilayas of Ouargla and Illizi, signed between SONATRACH, ZANGAS (Austria) and FILADA (Switzerland).
- Hydrocarbons Participation Contract for Research and Development of the “Guern El Guessa II” perimeter, located in the wilaya of Bechar, Beni Abbes, El Bayadh, and Timimoun, signed between SONATRACH and SINOPEC.
- Production Sharing Hydrocarbons Contract for Research and Development of the “Reggane II” perimeter in the Wilaya of Adrar, signed between SONATRACH, PTTEP (Thailand) and Eni.
- Production Sharing Hydrocarbons Contract for Research and Development of the “Ahara” perimeter in the Wilaya of Illizi, signed between SONATRACH, Qatar Energy and TotalEnergies.
- Hydrocarbons Production Sharing Contract for Research and Development of the “Zerafa II” perimeter, located in the wilayas of Adrar, El Menia, In Salah, and Timimoun, concluded between SONATRACH and Zhongman Petroleum and Natural Gas Group Corp., Ltd. ZPEC (China).
As a reminder, the Algeria Bid Round 2024 is the first call for investment competition launched by ALNAFT under Hydrocarbons Law No. 19-13. It resulted in the attribution of five of the six proposed perimeters, which will be operated in partnership between SONATRACH and the partners selected at the end of this call for competition.
These results demonstrate investor confidence in the potential of the Algerian mining sector and confirm the attractiveness of Law N°. 19-13 on hydrocarbon activities.
In this context, SONATRACH and ALNAFT are aligned with the country’s authorities’ vision for the promotion and development of the hydrocarbon sector, in compliance with international standards, for the benefit of the national economy, particularly through the establishment of win-win partnerships with foreign partners.
End of Press Release