For more than 50 years, SONATRACH has been playing a leading role in the national economy. Its mission is to develop Algeria's important hydrocarbon reserves. This major player in the oil industry, nicknamed the African major, draws its strength from its ability to be a fully integrated group across the hydrocarbon value chain.
In the Upstream, SONATRACH operates, in its own effort or in partnership with foreign oil companies, some of the largest deposits in the world in different regions of the Algerian Sahara: Hassi Messaoud, Hassi R'Mel, Hassi Berkine, Ourhoud, Tin Fouyé Tabankort, Rhourde Nouss, In Salah and In Amenas.
In terms of transport, the Group has an extremely dense pipeline network that now covers nearly 22,000 kilometers in France. The Company has also set up three oil-loading oil ports: Algiers, Arzew, Bejaia and Skikda to allow the loading and unloading of large tankers with a capacity of 80,000 to 320,000 MT and LNG carriers.
In the Downstream, SONATRACH has six refineries operating in the area and two petrochemical complexes, four Liquefaction LNG complexes and two GPL Separation complexes.
SONATRACH employs nearly 50,000 permanent employees and more than 130,000 people across France.
The Group has 154 subsidiaries and participations, of which about fifteen are wholly-owned and operate on a daily basis to value the country's oil and gas value chain. These include the National Geophysical Enterprise "ENAGEO", the National Drilling Company "ENAFOR", the National Company of Large Petroleum Works "ENGTP", or the national company marketing and distribution of products "NAFTAL" tankers.
A national integration rate of 55%.
As part of its SH2030 strategy, SONATRACH is clearly demonstrating its ambition to become one of the top five leading and most profitable national oil companies in the global energy industry. The key words of its new strategy are operational excellence and innovation to remain the banner of the Algerian economy. SONATRACH aims for a national integration rate of 55% by 2030.
Significant investments in the local economy.
As the main industrial investor in Algeria, SONATRACH actively participates in supporting the local industrial fabric. The group expects to achieve national investments of more than $ 59 billion by 2030, including $ 45.8 billion in Exploration-Production, $ 8.6 billion in Petrochemical-Refining and 2% in Petrochemicals. , $ 3 billion in pipeline transportation.
By 2030, the Group aims at more than $ 68 billion in additional revenues, of which 50% will contribute to national wealth and 50% will be invested in the renewal of reserves, production capacity, staff training and training. development of expertise in the Company.See more