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Sonatrach Opens New Oil Route to Europe
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The ratification of the energy agreement between Algeria and Azerbaijan opens a new door for Sonatrach in Europe. At the centre of this mechanism is the refinery in Augusta, Sicily, which will receive Azerbaijani crude supplied by SOCAR. Sonatrach is no longer limited to conventional gas exports to the Old Continent. With the entry into force of the memorandum of oil and gas cooperation between Algiers and Baku, the Algerian public group is adva…
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