---
title: "Tong Petrotech won the bid for oil and gas recovery and processing related projects in Algeria"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/261390350.md"
description: "Tong Petrotech won the bid for the oil and gas recovery and processing project of the Algerian National Oil Company (\"Sonatrach\"), with a contract amount of USD 105 million and 2.763 billion Algerian Dinars, and a contract period of four years. This project aligns with the company's domestic wellhead natural gas recovery business"
datetime: "2025-10-16T08:15:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/261390350.md)
  - [en](https://longbridge.com/en/news/261390350.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/261390350.md)
---

# Tong Petrotech won the bid for oil and gas recovery and processing related projects in Algeria

According to the Zhitong Finance APP, Tong Petrotech (300164.SZ) announced that the company has received a bid notification from the owner, Sonatrach (Algerian National Oil Company), for the early production measures of oil and gas fields and natural gas compressor services. The bid amount includes two parts: USD 105 million and 2.763 billion Algerian Dinars, with a contract period of four years. The project location is in Algeria, and the project involves oil and gas recovery and processing, which is consistent with the company's domestic wellhead natural gas recovery business

### Related Stocks

- [300164.CN](https://longbridge.com/en/quote/300164.CN.md)

## Related News & Research

- [China's Tong Petrotech Wins USD150 Million Oil, Gas Service Project in Algeria](https://longbridge.com/en/news/289282526.md)
- [ZAWYA: What will Kuwait do when debt limit is exhausted?](https://longbridge.com/en/news/289411069.md)
- [ZAWYA: “Energy is security”: Crescent Petroleum CEO tells Washington the Gulf crisis has become a whole-economy shock](https://longbridge.com/en/news/289180435.md)
- [100 days of the Iran war: How global markets and the economy have been affected, in charts](https://longbridge.com/en/news/288948610.md)
- [Germany: growth halves as state drives investment](https://longbridge.com/en/news/289299653.md)