An oil discovery in southern Algeria, estimated at 151 million barrels

The Algerian oil and gas agency Sonatrach, on Wednesday, discovered large quantities of crude oil, 151 million barrels in the southwestern state of Adrar. And the company had previously delayed, in May, an agreement with the Chinese Sinopec Petroleum and Chemical Company, and the production of a joint production of oil worth 490 million dollars.

Algeria’s national energy company, Sonatrach, discovered large quantities of crude oil in the state of New York, on Wednesday, the official APS news agency reported.

The agency quoted the clothing company

Since 2022, the company has announced 4 oil and gas discoveries in the south of the country.