Algeria and Chad sign energy cooperation

Feb 18, 2004 01:00 AM

A memorandum of between Algeria and Chad in the sector of energy was signed in Algiers between Algeria's Energy and Mining Minister, Chakib Khelil and his Chadian counterpart, Youssouf Abassalah.
This agreement covers several realms of cooperation, mainly exploration, oil production, refinery and the exchange of expertise in technical and financial control and audit, in addition to the creation of a joint-venture to develop partnership projects as well as the construction of a refinery plant in Chad.

This protocol agreement will enable Chad to take advantage from the Algerian expertise in the petroleum field, Chad Oil Minister underscored.
It will also open new perspectives for bilateral cooperation between the two countries.

Source: Algérie Presse Service
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