Page 27 - Nigeriaone mag 2 edition en

Sonatrach, a major player in the oil industry in Africa

The Algerian oil company is one of the most successful in Africa. What data do we have about this structure?

History of Sonatrach it in terms of performance. As a energies. This means several
The National Company for Re- result, it is only in fourth place promising segments that allow it
search, Production, Transport, in this ranking. Its ambition to to develop its influence and po-
Processing and Marketing of become a major player in the oil wer in the sector.
Hydrocarbons (Sonatrach) is sector in Africa has not yet been The projects of this large orga-
the entity responsible for oil fully achieved, although every nization cannot be discussed
exploitation in Algeria. Created effort is being made to reach without mentioning the TSGP
in the last month of December this goal. Trans-Saharan Gas-Pipeline, a
1963, it quickly embarked on The company intends to diver- gas pipeline of more than 4000
large-scale achievements to ma- sify and develop its activities by km that will connect, by 2027,
ke the most of the country's oil focusing on various sub-areas Nigeria to Algeria through
activity. Thus, the year after its related to energy. It constitutes Niger.
creation, it launched the cons- almost the source of the major Furthermore, the company does
truction of its first oil pipeline, part of the GDP of Algeria and not waste the slightest opportu-
an event that was to mark an in fact, it rests on its great ex- nity to open subsidiaries in dif-
important turning point in its pectations. It has recorded some ferent countries, especially in
evolution. In the following corruption cases that have so- Africa. It aims to materialize its
years, Sonatrach undertook se- mewhat tainted its reputation, project named Phosphate for
veral other achievements that but has managed to reach the which it needs the contribution
quickly allowed it to diversify top despite this. The covid pan- of reliable partners. Numerous
and expand its activities. The demic will also have had a nega- small projects in the field of re-
nationalization of hydrocarbons tive impact on Sonatrach, whose fining, oil production and the
is the event that will lead the activities have been slowed production of new fuels are also
company to strongly develop its down for a long time. being implemented or launched.
activities. Several people suc- In the medium term, the compa-
ceeded each other at the head Sonatrach's projects ny expects to penetrate the
of the company for different Even if it is mainly active in the South American and Asian
reasons and among the most oil sector, the Algerian national markets. Everything is being do-
important names, we can men- company is focusing on other ne to make this happen as soon
tion Abdelmoumen Ould hydrocarbons, shale gas, mariti- as possible.
Kaddour, Rachid Hachichi or me transport and renewable
Toufik Hakkar.

The stakes and challenges of
Sonatrach
Since its inception, Sonatrach
has aimed to reach new heights.
This is probably why it has ma-
naged to rank among the top oil
producing companies in Africa
in 2020. However, many other
African countries are ahead of
Logo of Sonatrach

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