SONATRACH and National Oil Company of Kenya signed today a Memorandum of Understanding with a view to seeking opportunities for the joint implementation of oil and gas projects in Kenya on the basis of balanced and mutual benefits.<\/p>\n\n\n\n
The signing ceremony took place at SONATRACH\u2019s Headquarters, on the sidelines of the 4th <\/sup>edition of the Intra African Trade Fair (IATF 2025), organized by Algeria under the slogan: \u201cGateway To New Opportunities\u201d.<\/p>\n\n\n\n The MoU outlines the areas of common interest benefiting from SONATRACH\u2019s expertise at the service of the Kenyan party in promoting its oil sector. It deals in particular with cooperation in hydrocarbon exploration and production activities as well as the opportunity to supply Kenya notably with LPG and oil products, as well as the feasibility of developing a commercial LPG oil products, lubricants and petrochemicals.<\/p>\n\n\n\n Furthermore, the memorandum of understanding provides for examining the feasibility of developing LPG distribution mechanisms as a fuel for motor vehicles and households. Furthermore, this memorandum aims to strengthen the professional skills of employees of the National Petroleum Corporation of Kenya through training provided by SONATRACH.<\/p>\n\n\n\n This memorandum of understanding is concluded as part of the implementation of the memorandum of understanding between the Algerian and Kenyan governments aimed at promoting bilateral cooperation in the oil, gas, and energy sectors. It represents a qualitative milestone in the bilateral energy cooperation process. It reflects SONATRACH \u2018s ambition to expand its activities at the continental scale and assert its role as a major player in the energy sector.<\/p>\n\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":"