Sonatrach Partners with German and Norwegian Firms to Curb Emissions

Sonatrach has signed a tripartite memorandum of understanding with the German company VNG and the Norwegian firm ICE Finance to advance environmental goals. Formalized during a seminar on climate finance and carbon markets, the agreement focuses on lowering methane emissions, implementing robust monitoring and reporting systems, and promoting technology transfers. The initiative is a cornerstone of Sonatrach's climate strategy, which aims for zero gas flaring by 2030. Leadership from all three entities emphasized that this collaboration builds upon years of established trust and aims to position Algeria as a regional hub for low-carbon energy solutions.