Debut GTL for Sonatrach

March 2006 | Company Spotlight

State-owned Sonatrach is the world's 11th largest oil company, the second biggest seller of LNG and ranks third by gas exports. Its role in the Algerian oil and gas sector will change dramatically under new legislation recently approved by the country's parliament. Sonatrach currently benefits from the strong cash flows and superior technologies of its foreign partners, which enable the state company to deliver growing volumes of oil and gas to the market, while returning increasing revenues to the government. The company acts as a major employer, with an estimated 120,000 staff on the payroll - considerably more than any

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