Our website use cookies to improve and personalize your experience and to display advertisements (if any). Our website may also include cookies from third parties like Google Adsense, Google Analytics, and Youtube. By using the website, you consent to the use of cookies.

Algeria’s state oil and gas firm Sonatrach plans $1 billion project for natural carbon storage

The African MirrorOctober 24, 2023October 23, 20231 Min Read

A view of the headquarters of the state energy company Sonatrach in Algiers, Algeria November 25, 2019. Picture taken November 25, 2019. REUTERS/Ramzi Boudina

ALGERIA’S state oil and gas firm Sonatrach has plans for a $1 billion project for natural carbon storage through planting 420 million trees over 10 years, Algeria’s Ennahar TV reported, citing Energy Minister Mohamed Arkab as saying.

Arkab added that Algeria, a major gas exporter, aimed to have renewables accounting for 30% of its energy mix by 2035, Ennahar reported.