Algeria's Sonatrach signs hydrocarbon exploitation deal with Chevron


ALGIERS, June 13 (Xinhua) -- Algerian energy giant Sonatrach and the U.S. Chevron FEA International Ventures Ltd., on Thursday signed an agreement on developing hydrocarbon resources in the Algerian oil and gas basins of Ahnet and Berkine.

The agreement was signed in the presence of Sonatrach CEO Rachid Hachichi and Chevron's Vice President of Global Exploration Liz Schwarze, Sonatrach said in a statement.

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