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According to Russian news agency, Michael Ghotsirif, Algerian-Russian business council chief, declared that “Roussoil” is supposed to undergo the call for tender to get a deal or even more as for Algerian oil and gas. Worth noting that Algeria and Russia had set up, on March, both countries business council on the occasion of Russian president’s visit in Algeria knowing that Algeria and Russia are the most important gas exporters toward Europe. Cooperation memorandum signed between “Gazprom” Russian company and Sonatrach oil Company rose up some fears among Europeans as Russia and Algeria tend to control gas prices in Europe. “This cooperation would be of paramount interest for both countries economy “, said Ghotsrif. There are two other Russian companies working in this field: “Lookoil” and “Tatoil”. | ||||||||||||||||||
Oil investment : “Roussoil” expecting to sign deals in Algeria