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Total has announced that the company has signed an agreement with Algeria’s Sonatrach to develop the reserves of Erg Issouane gas field in Algeria. French energy giant has also informed that the development of Erg Issouane will require an investment of $400 million. The two companies are planning to form a JV called Sonatrach Total Entreprise Polymères for a petrochemical project in Arzew.
