Tag Archives: Invest

Algeria: Sonatrach to Invest Nearly U.S.$3.5 Billion to Build New Gas Pipelines

Oran — Interim CEO of Sonatrach, Saïd Sahnoun, announced Sunday that the national oil group plans to invest $ 3.480 billion for the construction of new gas pipelines to improve the capacity of those already existing. In a statement he delivered at the opening of the international conference of gas industry in Algeria, Saïd Sahnoun […]

Kenya: New Project Will Support Efforts to Better Manage Oil, Gas Developments, Revenues to Invest in Lasting Growth

The World Bank’s Board of Executive Directors today approved US$ 50 million for the Government of Kenya to strengthen its capacity to manage the oil and gas sector and the distribution of its revenues to create sustainable growth across all areas of the country’s economy. With the recent discovery of oil, the International Development Association […]

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