The CEO of SONATRACH has said in an interview that the national hydrocarbon company SONATRACH will entrust many of its big projects to Algerian companies.

"We will entrust many of structuring projects to Algerian companies in accordance with provisions governing procurement contracts," said Mazouzi.

This decision stems from the desire to involve national production capacities in the execution of investment projects in the field of hydrocarbons, he explained.

SONATRACH is implementing initiatives aiming at reducing the costs of investment projects, he added

The search and implementation of new solutions to reduce costs will be done while maintaining the technical quality standards and in accordance with the international standards for the preservation of health, safety and environment, Mazouzi.