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Petrol: US major ExxonMobil wants to set up in Algeria

in AFRICA/ENERGY by

The US major, ExxonMobil, the world’s largest petrol company, plans to set up in Algeria and develop joint projects with Sonatrach, the Algerian oil and gas group CEO, Abdelmoumen Ould Kaddour, has announced. APS at the end of his three-day visit to Houston, the head of Sonatrach said ExxonMobil was “extremely interested” by the investment in Algeria. Ould Kaddour, who had just taken part in the second Algerian-American forum on energy, described his many meetings with executives of American oil companies, including ExxonMobil and Anadarko, as “positive”.

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