Zhongman Petroleum (603619.SH) signed a contract for the exploration and development of natural gas blocks in Algeria.

Wisdom Finance APP News, Zhongman Petroleum (603619.SH) announced that on June 17, 2025, the company participated in the bidding project for the Algerian BR2024 oil and gas block organized by the Algerian Ministry of Energy and Mines (referred to as "ALNAFT"). The company successfully won the bid and obtained the exploration and development rights for the Algerian ZerafaII gas block (referred to as "ZerafaII block"). On July 21, 2025, the company signed an exploration and development contract for the ZerafaII block with the Algerian National Oil Company.