Agreement to acquire additional 11.25% participating interest from Edison
Decision is part of plan to grow in Algeria
Country with major potential for an enhanced energy partnership with Europe
Wintershall Dea continues to strengthen its presence in Algeria. As of 4 May, the company has entered into a sale and purchase agreement to acquire Edison’s 11.25% participating interest in the Reggane Nord natural gas project. After the transaction is closed, the consortium Groupement Reggane Nord (GRN), operator of the project, will comprise Sonatrach (40%), Wintershall Dea (30.75%) and Repsol (29.25%).
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