Article length: 422 words
Algeria: Studies for Arzew petrochemical project
Total has signed an agreement with Sonatrach to launch the engineering studies for a petrochemical project in Arzew, in a sign of improving diplomatic and business ties between France and Algeria. The 11 May announcement reflects the improved climate following a series of disputes that have soured relations between Sonatrach and its international partners in recent years. Sonatrach chairman Abdelmoumen Ould Kaddour has adopted a more pragmatic approach since his appointment in March 2017, leading to a resolution of disputes and renegotiation of contracts.
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