![An employee walks in front of a gas flare at the In Salah Gas (ISG) Krechba Project, run by Sonatrach, British Petroleum (BP), and StatoilHydro, in the Sahara desert near In Salah, Algeria, on Sunday, Dec. 14, 2008. From produced gas, the carbon capture plant, the largest and first of its kind, removes annually the carbon dioxide emissions equivalent of 200,000 automobiles running 30,000 kilometers. The CO2 is then reinjected into a reservoir instead of the atmosphere, with the intention of storing it perpetually. Photographer: Adam Berry/Bloomberg News](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/TP5W2N45PP4EWDFR6TTBPC4FCI.jpg?smart=true&auth=b533054204d9d401fcad25b302f12fb5079310e8d0e4d89a60b4bff30fc16ff4&width=400&height=225)
Apicorp, a multilateral lender, agreed to extend $250 million in two loan facilities to Algeria's Sonatrach. Bloomberg
Apicorp, a multilateral lender, agreed to extend $250 million in two loan facilities to Algeria's Sonatrach. Bloomberg
Algeria’s Sonatrach secures $250m from Apicorp for first overseas acquisition
Loans to be used to carry out maintenance works on Sonatrach’s refinery in Italy