The logo of Sonatrach is pictured at its headquarters in Algiers, June 26, 2016. (Reuters/Ramzi Boudia/File)
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)
Algeria's state energy company Sonatrach wants to develop its partnerships with foreign firms to boost output and exports, its new chief executive said Wednesday, comments that could reassure investors a week after his appointment.The former CEO had been seeking to make Algeria more attractive to foreign investors by resolving a series of disputes with oil majors including France's Total, Italy's ENI and Spain's Repsol.Algeria produces an estimated 1 million barrels per day of crude and 135 billion cubic meters a year of gas.
FOLLOW THIS ARTICLE