Algeria’s national oil company Sonatrach will sign an agreement in September 2024 with European energy companies, including Germany’s VNG, Italy’s SNAM and Sea Corridor and Austria’s Verbund, to study the feasibility of the trans-regional SoutH2 Corridor green hydrogen pipeline.
The study will evaluate the potential for utilizing existing facilities and developing new infrastructure to transport green hydrogen from Algeria to Europe. The SoutH2 Corridor aims to transport nearly 4 million tons of green hydrogen annually.
The decision to sign the agreement was made during a meeting held at Sonatrach headquarters in July.
