Sonatrach is planning to invest big in the energy sector over the next four years. The Algerian state-run firm has slated an estimated $68 billion in investments between 2012-2016.

In a statement the company’s president Abdulhameed Zarqeen said Sonatrach’s 2016 vision is aimed at boosting oil and gas reserves.

Zarqeen said Sonatrach plans to produce 235 million tons of oil by 2016.

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