Algeria’s Sonatrach confirms ‘important’ reserves discovered at Touggouart region

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ALGIERS — Algeria has confirmed on Tuesday that oil reserves discovered at Touggourt region were “important,” according to a statement from Sonatrach.

Algeria’s state-owned Sonatrach said that the estimated volumes at Touggourt were at 961 million barrels, versus 546 million barrels prior to the drilling. (Reporting by Lamine Chikhi, Editing by Louise Heavens)