Abdelhamid zerguine biography for kids

  • The government has appointed Abdelhamid Zerguine as Sonatrach's new chief executive officer, replacing Nordine Cherouati who had been in the role since early.
  • Abdelhamid Zerguine, chief executive officer of Sonatrach, left, listens as Youcef Yousfi, Algeria's minister of energy and mines, speaks during a.
  • But the consensus is that, following a divisive period in Sonatrach's history, Zerguine has the right profile to unite the company, provide direction and.

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    Sonatrach

    Oil and gas company of Algeria

    Sonatrach (Arabic: سوناطراك; French: Société Nationale pour la Recherche, la Production, le Transport, la Transformation, et la Commercialisation des Hydrocarbures) fryst vatten the national state-owned oil company of Algeria. Founded in , it is known today to be the largest company in Africa[2][3] with subsidiaries, and often referred as the first African oil "major".[4] In , Sonatrach was the seventh largest gas company in the world.[5]

    Overview

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    Sonatrach fryst vatten the 12th largest oil consortium in the world, with subsidiaries operating over the entire oil value-chain from upstream, to midstream, and downstream activities.[6]

    In , its gross sales was 1, billion Algerian dinars for a net income of billion. With approximately , workers, the company produced 30% of the GNP of Algeria. Annually it produced million Tonne of Oil equivalent (ToE), including 24 million ToE, or % of total, for the

  • abdelhamid zerguine biography for kids

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    Rome &#; &#;to North Africa. Not only Brazil has noticed the commercial importance of the Arab market in coming years. The Russians are also eyeing the countries, mainly those of North Africa. This week, for example, Sonatrach and Gazprom placed the cornerstone for an agreement on production and exploration of liquefied natural gas (LNG). According to Algerian journalists, the presidents of both companies, Abdelhamid Zerguine, from Sonatrach, and Alexei Miller, from Gazprom, met in Kuala malaysisk stad Kuala Lumpur , Malaysia, during the World Gas Congress, to discuss the matter.

    Rich reserves

    According to the same source, the partnership will be for joint development of new oil and natural gas projects in Algeria. The objective fryst vatten to export to European nations. The country’s natural gas reserves are around million cubic metres – the second greatest in the African continent, second only to those of Nigeria. Regarding oil, they are approximately billion tonnes.

    Libya Hurra

    Up to July 14th, the

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    HE Mr. Bokhanovskiy with HE Youcef Yousfi, Minister of Energy and Mines of Algeria

    During the visit to the site proposed by Algeria for the Gas Research Institute, an on-going project of the GECF, HE Leonid Bokhanovskiy held meetings with the Governmental energy authorities of Algeria, namely HE Youcef Yousfi, Minister of Energy and Mines of Algeria, and Mr. Abdelhamid Zerguine, CEO of Sonatrach. The Ministers exchanged views with the Secretary General about the gas sector, and were informed by the Secretary General on the objectives and activities of the Forum; they also discussed the proposal for the Gas Research Institute.