
The aim is to play an active role in the development of our member countries’ broader energy sector and contribute to diversification and geographic expansion. (Image source: skeeze/Pixabay)
The Arab Petroleum Investments Corporation (APICORP) has agreed to two loan facilities worth a combined US$250mn with Sonatrach Petroleum Investment Corporation (SPIC), a subsidiary of Sonatrach International Holding Corporation owned by Sonatrach, the Algerian state-owned national oil company