Algeria's Sonatrach Plans $1 Billion Project for Natural Carbon Storage

(Reuters) — Algeria's state oil and gas firm Sonatrach has plans for a $1 billion project for natural carbon storage through planting 420 million trees over 10 years, Algeria's Ennahar TV reported on Monday, citing Energy Minister Mohamed Arkab as saying.

Arkab added that Algeria, a major gas exporter, aimed to have renewables accounting for 30% of its energy mix by 2035, Ennahar reported.

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