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HASSI R'MEL (LAGHOUAT) - Prime Minister Abdelaziz Djerad announced on Wednesday in Hassi R'Mel (Laghouat) that an international arrest warrant would be issued against the main defendant in the case of Sonatrach acquisition of the Augusta refinery (Italy).

Published in Economy

HASSI R’MEL (LAGHOUAT)-Prime Minister, Abdelaziz Djerad, inaugurated Wednesday in Hassi R’mel (Laghouat), the Boosting 3 Project aimed at ensuring Algeria’s energy security through the strengthening of production capacities.

Published in Regions

ALGIERS- The primary production of hydrocarbons of the national company “Sonatrach” dropped in 2020 to reach 176 million toe, following the implementation of the Oil Production Cut Agreement signed between OPEC (the Organization of the Petroleum Exporting Countries) and its allies, said Sonatrach CEO Tewfik Hakkar.

Published in Economy

ALGIERS- National hydrocarbon group Sonatrach signed Sunday a memorandum of understanding with its partners Occidental, Eni and Total aimed at strengthening their relations and historic partnership in the contractual basin located in the blocks 404 and 208 of Berkine.   

Published in Economy

ALGIERS-The year 2021 will see an increase in production and sales of the National Hydrocarbon Company Sonatrach, said its CEO, Toufik Hakkar.

Published in Economy

ALGIERS- The Sonatrach Group has signed more than 1,100 project contracts with national companies, said Wednesday in Algiers, Chairman and CEO of the group, Toufik Hakkar.

Published in Economy

ALGIERS- National hydrocarbon company, Sonatrach eyes to execute a $40 billion investment plan over the next coming years, including 51% of it in Algerian dinar through the start of production and the ramping up production in several deposits, CEO of Sonatrach, Tewfik Hakkar said Thursday, in a message on the occasion of New Year.

Published in Economy

ALGIERS- Algeria has the means to counter the global oil market crisis, caused by the Covid-19 pandemic, by proceeding with economic reforms including the development of Sonatrach and investment in renewable energy, said International Oil Expert, Mourad Preure.

Published in Economy

ALGIERS-  National Hydrocarbon Group Sonatrach on Monday reiterated in a communiqué, its commitment to support all the operations of national solidarity.

Published in Society

ALGIERS- Sonatrach production capacities have not been affected by the difficulties encountered due the spread of the Covid-19 pandemic, said the Group’s CEO Toufik Hakkar, adding that the Group had avoided significant loss and maintained medium-term financial equilibriums, thanks to the measures taken in this regard.

Published in Economy

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