National Oil Corporation acquires Norwegian Yara's 50% stake in Libyan-Norwegian For fertilizers company “With the grace of god whom we thank, on Thursday 31/12/2020, the National Oil Corporation acquired the 50% participation of Yara, the Norwegian company.

The national hydrocarbons company, SONATRACH, intends to implement an investment plan of 40 billion dollars over five (05) years, of which 51% in Dinars, in particular through the start of production and the ramp-up of several deposits, SONATRACH CEO Toufik Hakkar said Thursday in a New Year message.