ZPEC signs exploration and development contract for Algeria gas block

Zhitong
2025.07.22 10:10
portai
I'm PortAI, I can summarize articles.

ZPEC successfully won the exploration and development rights for the Zerafa II natural gas block in Algeria and signed a contract with the Algerian National Oil Company on July 21, 2025. This marks a key advancement for the company in the African market, promoting its global resource layout, and is expected to have a positive impact on future operating performance, consolidating its position in the oil and gas exploration and development field