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SONATRACH and Midad Energy North Africa Sign Hydrocarbon Contract in Algeria - Oil & Gas Middle East

  • Bias Rating
  • Reliability

    10% ReliableLimited

  • Policy Leaning

    4% Center

  • Politician Portrayal

    N/A

Bias Score Analysis

The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.

Sentiments

Overall Sentiment

31% Positive

  •   Liberal
  •   Conservative
SentenceSentimentBias
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Bias Meter

Contributing sentiments towards policy:

61% : Midad Energy North Africa will fully fund the project, committing approximately $5.4 billion, of which $288 million is allocated to research activities.
53% : The Illizi South perimeter is projected to yield 993 million barrels of oil equivalent (boe) by the end of the contract, including 125 billion cubic meters of marketable gas, 103 million barrels of liquefied petroleum gas (LPG), and 101 million barrels of condensate.
52% : The agreement was formalised at SONATRACH's headquarters in the presence of key dignitaries, including Algeria's Minister of State for Hydrocarbons and Mines, Mohamed Arkab, and Saudi Arabia's Ambassador to Algeria, Dr Abdullah bin Nasser Abdullah Al-Busairi.
49% : The signing ceremony saw SONATRACH Chairman and CEO Rachid Hachichi and Midad Energy North Africa Chairman and CEO Sheikh Abdulelah Bin Mohammed Bin Abdullah Al-Aiban ink the deal, which falls under Algeria's Hydrocarbon Law No. 19-13.
38% : The partnership underscores Algeria's commitment to advancing its hydrocarbon sector through international collaboration and sustainable practices.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.

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