Mali invites Sonatrach to resume oil, gas exploitation in country

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Mali’s Minister of Mines and Oil, Tiémoko Sangaré, has invited the Algerian national oil and ghas corporation, Sonatrach, to resume oil and gas exploration in his country.

The Minister  had conveyed this message to Energy Minister Mustapha Guitouni and Sonatrach Chief Executive Officer Abdelmoumen Ould Kaddour.

Sonatrach has an agreement with Mali which affirms that its decision to suspend exploration activities in that neighbouring country was because of reasons related to the financial crisis triggered by the collapse in oil prices in 2015.

He called on Sonatrach to invest in Mali and to make the first oil drilling and prepare the ground for oil production in his country.

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