Article length: 1344 words

Algeria: Difficulties mount as Sonatrach gets its fourth head in a year

Heads have rolled again at Sonatrach, where Kamel Eddine Chikhi was replaced as chairman and chief executive (PDG) on 5 February by vice-president for development and marketing Toufik Hakkar. PDG only since 18 November, Chikhi is a highly experienced Sonatrach exploration and production executive, well versed in pitching opportunities to IOCs, as he did in London recently. There have been rumours he was undermined by powerful rivals in the administration.

Go to full article

Credit value: 16

African Energy Gulf States Newsletter