Sonatrach to take over all GMA-Resources shares in Enor

Sonatrach group will take over all shares of its Australian partner GMA-Resources in ENOR Company, the operator of the gold mine Tirek-Amesmessa in Tamanrasset, Minister of Energy and Mines Youcef Yousfi said Tuesday in Doha.

Elsewhere, investments in the hydrocarbon sector (oil and gas) will continue to grow in 2011 to reach a new record of $ 550 billion, according to forecasts by the International Energy Agency (IEA).