Algeria's Sonatrach To Invest $70 Billion for Shale Gas Drilling

ISTANBUL--January 14, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)-- Algeria's state-owned energy company, Sonatrach plans to invest heavily in shale gas drilling in the near future. Sonatrach acting Chief Executive Officer Said Sahnoun said on a national radio broadcast that the company plans to spend at least $70 billion for shale gas drilling projects. Within this article: Plans by Algeria's Sonatrach to drill for shale gas.