Algeria has awarded a contract to a Saudi company for the development of gas deposits in the Southeastern Illizi province, newspapers said on Tuesday.

The state-owned Sonatrach Company, which manages Algeria’s hydrocarbon sector, signed the deal with Midad Oilfield Services Company in Algiers on Monday, Elkhabar and other Algerian newspapers said, citing a Sonatrach statement.

Under the agreement, Midad-North Africa will “evaluate and develop gas reservoirs” in Illizi, the statement said.

(Writing by Nadim Kawach; Editing by Anoop Menon)


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