Abdelmoumen Ould Kaddour, Chief Executive of Algerian state energy firm Sonatrach, checks equipment during the launch of new gas pipeline from southwestern fields, Algeria, February 8, 2018. REUTERS/Lamine Chikhi
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
When the U.S.-educated CEO of Algeria's state energy company Sonatrach ended a speech to staff by seeking questions, an executive sitting next to him quickly picked up the microphone.The scene revealed the scale of the challenge facing Abdelmoumen Ould Kadour, who took over Sonatrach a year ago with a mission to improve communication and transparency in a company that is central to stability in Algeria and beyond.In December Ould Kadour revived ties with Total, ENI and Saipem, but his ability to nurture those relationships and reverse years of stalling production will depend on how his company's 40,000 employees respond to his message of change.One delayed gas field was brought online last year with three more slated to start producing this year, lifting annual gas output of 94 billion cubic meters by 9 billion cubic meters.In further signs of a balancing act, company sources say Sonatrach will offer more flexible short-term gas contracts on terms of 10-15 years or less instead of 20-25, and invest $250 million in the Tinhert gas field project using Algerian firms.
FOLLOW THIS ARTICLE