Sonatrach

Sonatrach
Company typeState-owned Corporation
IndustryOil and gas
FoundedDecember 1963; 60 years ago (1963-12)
HeadquartersHydra, ,
Key people
Rachid Hachichi (CEO)[1]
ProductsOil (fuels, lubricants)
Natural Gas (LNG)
Petrochemicals
RevenueUS$ 77 billion (2023)
OwnerAlgerian government
Number of employees
+200,000 (2022)
SubsidiariesNaftal
Numhyd
ALEPCO
ENAGEO
ENSP
ENGTP
ENAFOR
GALSI
GCB
ENTP National Well Engineering Company
Websitesonatrach.com

Sonatrach (Arabic: سوناطراك; French: Société Nationale pour la Recherche, la Production, le Transport, la Transformation, et la Commercialisation des Hydrocarbures) is the national state-owned oil company of Algeria. Founded in 1963, it is known today to be the largest company in Africa[2][3] with 154 subsidiaries, and often referred as the first African oil "major".[4] In 2021, Sonatrach was the seventh largest gas company in the world.[5]

  1. ^ "Installation de Rachid Hachichi dans ses fonctions de nouveau PDG de Sonatrach". 2 October 2023. Archived from the original on 8 October 2023. Retrieved 8 October 2023.
  2. ^ Svetla Marinova, Jorma Larimo, Niina Nummela (2016). Value Creation in International Business Volume 1: An MNC Perspective. Springer. p. 60. ISBN 978-3-319-30803-6.{{cite book}}: CS1 maint: multiple names: authors list (link)
  3. ^ Ayemba, Dennis (10 Mar 2020). "Sonatrach signs dry gas marketing deal until 2042". Africa Mining Brief. Archived from the original on 19 December 2021. Retrieved 19 Dec 2021.
  4. ^ "Sonatrach (Algeria)". www.fotw.info. Archived from the original on 2020-10-06. Retrieved 2021-05-20.
  5. ^ "Russian oil and gas: headed for long-term decline?". Financial Times. 2022-06-07. Archived from the original on 2022-07-01. Retrieved 2022-06-14.