In addition, this office is expected to help the foreign ambitions of Gazprom, facilitating its development as a global energy company.

Gazprom and Sonatrach have also discussed new areas of engagement including joint participation in oil and gas projects in Algeria, Russia and other countries, possible asset swaps, and the improvement of liquefied natural gas export processes by sharing each others’ operations.

Possibilities for co-operation in the area of joint acquisition of energy assets in the other countries, engineering and construction of facilities and pipeline infrastructure have been considered as well.