Sonatrach constrained by Algeria’s history


Issue 403 - 07 Nov 2019 | 1 minute read

Promoted from the ranks to lead the company he originally joined in 1984, Sonatrach chairman and chief executive Rachid Hachichi is struggling to convince Algerians their state energy giant can overcome corruption and win investment without compromising national interests. With politics still in ferment, a weak interim government hopes to pass a revised hydrocarbons law as soon as 15 November – before controversial presidential elections are held on 12 December.

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