Total and Sonatrach have signed agreements as part of their partnership announced in 2017,   - A new concession contract to jointly develop the Erg Issouane gasfield in the Tin FouyÃ© Tabankort Sud permit, signed between Total (49%), Sonatrach (51%) + Alnaft. TFTS sports over 100 MMboe, project investment ab. USD 400 MM, to tied-back to the existing TFT gas treatment unit by a 22km pipeline with 1st gas late 2021. This deal comes with a gas marketing agreement.   - A shareholder agreement to create the âSTEPâ (Sonatrach Total Entreprise PolymÃ¨res) 51:49 JV, designed to run a Â joint petchem (propane dehydrogenation + polypropylene production) project in Arzew, W. Algeria. The FEED stage starts after Nov â18.
Total and Sonatrach have signed agreements as part of their partnership announced in 2017, - A new concession contract to jointly develop the Erg Issouane gasfield in the Tin FouyÃ© Tabankort Sud permit, signed between Total (49%), Sonatrach (51%) + Alnaft. TFTS sports over 100 MMboe, project investment ab. USD 400 MM, to tied-back to the existing TFT gas treatment unit by a 22km pipeline with 1st gas late 2021.