Sonatrach (Arabic: سوناطراك; French: Société Nationale pour la Recherche, la Production, le Transport, la Transformation, et la Commercialisation des Hydrocarbures) is the national state-owned oil company of Algeria. Founded in 1963, it is known today to be the largest company in Africa with 154 … See more Sonatrach is the 12th largest oil consortium in the world, with 154 subsidiaries operating over the entire oil value-chain from upstream, to midstream, and downstream activities. In 2002, its gross … See more Sonatrach was founded on December 31, 1963. At the time, however, the Algerian state held only 4.5% of the exploration perimeters, while French interests were as high as 67.5%. See more Hydrocarbons play a crucial role in Algeria's economy, accounting for roughly 60% of budget revenues and over 95% of export earnings. The … See more • Sid Ahmed Ghozali (1966–1977) • Yousef Yousfi (1985–1988) • Sadek Boussena (1988–1990) See more Sonatrach owns 50% of Numhyd, a joint venture with Tunisia's ETAP, and ALEPCO, a joint venture with Libya's National Oil Corporation. In 1998, Sonatrach acquired Naftal, which is the principal company selling petroleum-based fuels for domestic consumption with … See more Sonatrach suspended all of its senior management after two of the company's vice-presidents were imprisoned for corruption. Algeria's Energy Minister, Chakib Khelil announced the president of the company and several executives have been placed under … See more • Companies portal • Energy portal • LNG El Paso Sonatrach See more WebJan 22, 2013 · Sonatrach says export contracts will be honoured but that might prove difficult unless supplies for domestic consumption are diverted to meeting deliveries to Europe. Another consequence of In Amenas is that Sonatrach’s chief executive, Abdelhamid Zerguine, has had to postpone putting the El Merk oil hub, with its 100,000 bpd, into service.
Algeria: Sonatrach to invest $40bn over five years Africanews
WebMay 4, 2024 · Sonatrach has signed a memorandum of understanding (MOU) with Russia's Lukoil for talks on possible partnerships in production and exploration in the North African country, Algeria's state energy ... WebSonatrach. Djenane El Malik, Hydra 160335 Algiers Algeria Telephone: 213-2154-8011 Fax: 213-2154-7700 ... "Algeria — Triumph of the Old Guard," Middle East Economic Digest, … small leather wallets for ladies
Algeria’s Energy Company Sonatrach: 50 Years of Corruption
WebDec 19, 2024 · Sonatrach is a mining company that explores and distributes hydrocarbon properties. Sonatrach S.P.A’s primary competitors include Neptune Energy, ConocoPhillips, EOG and 3 more. No tags found. Companies. No ... May 22, 2014 BUSINESS WIRE Press Release Africa LNG Industry Outlook Report 2014 - Trade, Infrastructure, ... WebJul 19, 2024 · Download the Press Release (pdf - 154 KB) Paris, July 19, 2024 – TotalEnergies signed today with Sonatrach, Occidental and Eni an extension of its … WebFeb 24, 2024 · Sonatrach loses two years and $20m on new gas project. State-owned Sonatrach signed a contract for the construction of a liquefied petroleum gas train in Rhourde El Baguel at the end of October with Italian group Maire Tecnimont. The contract, which has been much wrangled over, could have been signed two years earlier, however, … small leather wingback recliner