Boumediene Belkacem

14 March 2008

Boumediene Belkacem is Vice-president, upstream, Sonatrach

Boumediene Belkacem

Company: Sonatrach
Position: Vice-president, upstream

Biography: As Sonatrach’s upstream head, Boumediene Belkacem is responsible for Algeria’s most important assets: its oil and gas reserves. Although responsibility for awarding and regulating upstream oil and gas contracts has passed to Alnaft and ARH respectively, Belkacem plays a critical role in the development of the country’s resources.

Amendments to the 2005 hydrocarbons law reinstated Sonatrach’s obligation to take at least a 51 per cent stake in all upstream contracts, but as resources become harder to extract, this may change.

There is a growing expectation that following awards of acreage in the latest international licensing round, expected to be launched soon, Belkacem will enter talks with international partners for development contracts.

Contact: (+213) 2160 1814
Website: www.sonatrach-dz.com

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.