Sonatrach plans international expansion
State oil company Sonatrachon 2 July announced that it would look to expand exploration activity beyond Algeria with the aim of increasing reserves by 20 per cent and becoming one of the world's biggest oil companies. 'Sonatrach is pursuing a change in strategy,' chief executive Djamel Eddine Khene told a conference in Paris. 'It does not want to be limited to one source of hydrocarbons, as reliable and promising as they may be -Sonatrach wants to become a great discoverer ...
Subscriber access only
Sign In
- If you are a new, paid MEED subscriber accessing the site for the first time, please activate your account.
- If you are a registered user who would like to to enjoy unlimited access to MEED.com, click subscribe to purchase a subscription or contact Customer Service by email or by calling +971 (0) 4 368 1588.
- Alternatively, you may browse MEED.com as a registered user for free. Our quick registration will allow you to sample premium business intelligence which is otherwise only available to paying subscribers through our Editor's Choice section, sign up for newsletters and to set up a library of saved articles.
