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The national hydrocarbons company, SONATRACH, intends to implement an investment plan of 40 billion dollars over five (05) years, of which 51% in Dinars, in particular through the start of production and the ramp-up of several deposits, SONATRACH CEO Toufik Hakkar said Thursday in a New Year message.
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The national hydrocarbons company SONATRACH has managed to keep the pandemic threat (Covid-19) at a low level within the company, thanks to the application of several measures, said its CEO, Toufik Hakkar , urging the various officials to maintain a high level of vigilance to protect workers and the production tool.
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On the sidelines of the visit to Algeria by the President of the Spanish Government, Mr. Toufik HAKKAR, CEO of SONATRACH, today met in Algiers his counterpart Mr. Francisco REYNES, CEO of the Spanish company NATURGY , following the signing of the amendments to the gas sales contracts binding the two companies.
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The SONATRACH Group has renewed, for a period of three years, the agreement binding it to the National Agency for the Promotion and Rationalization of the Use of Energy (APRUE), with the aim of rationalizing consumption energy at all of its facilities and to preserve the environment, said a press release from the Group on Monday.
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The national hydrocarbons company SONATRACH and its partner Wintershall Dea have signed a memorandum of understanding in order to examine the possibilities of cooperation in the fields of exploration, development and production of hydrocarbons in Algeria and internationally , a statement from SONATRACH said on Monday.
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The Minister of Energy, Abdelmadjid Attar, met by videoconference, Monday, August 10, with the executive vice-president of Africa, Occidental Petroleum Corporation Saamir Elshihabi with whom he spoke in particular of the prospects for strengthening the partnership between the SONATRACH group and the company Occidental Petroleum in the fields of hydrocarbons, a press release from this ministry said on Tuesday.
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The CEO of the SONATRACH Group, Toufik Hakkar emphasized the imperative to double efforts to increase production in order to preserve Algeria's energy security as well as its foreign exchange earnings, said on Saturday a public group statement.
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The CEO of the national hydrocarbons company SONATRACH, Toufik Hakkar, made a working and inspection visit to the Skikda oil complex on Tuesday during which he inquired about the progress of the projects of infrastructure development and inaugurated the relaunch of LNG production, which had been shut down since last December.