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Spotlight

ALGERIA

Algiers-Madrid split endangers Técnicas Reunidas's $3.7bn refinery

Spain's rapprochement with Morocco over Western Sahara should see Sonatrach launch a major attack on Spanish business, with the first victim likely to be Técnidas Reunidas and its huge refinery project in Hassi Messaoud. [...] (478 words)

Issue dated 21/06/2022 Reading time 2 minutes

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Energy

Sonatrach's love-in with Chinese irks European and Asian rivals

China is hoovering up all the major Algerian hydrocarbon projects launched by state-owned Sonatrach, much to the chagrin of European, Korean and Indian firms. [...]

Sonatrach CEO Toufik Hakkar. © Billel Bensalem/APP/MaxPPP

ALGERIA Energy 20/07/2022

Spanish-Algerian spat endangers Repsol and Edison deal over Reggane Nord

After Tecnicas Reunidas, another Spanish oil company could be affected by Algeria's suspension of its friendship treaty with Spain. Sonatrach could oppose the sale of Edison's interests in the Algerian onshore sector to Repsol. [...]

ALGERIA Energy 06/07/2022

After Hassi Messaoud, Tecnicas Reunidas launches arbitration process over Touat

It's going from bad to worse for Spanish firms in Algeria, and the consequences of the diplomatic crisis between the two countries are most visible in the oil sector. [...]

ALGERIA Energy 06/06/2022

Cepsa and Hakkar and Sonatrach still at daggers drawn

The Spanish oil group Cepsa has racked up a number of disputes with the Algerian state company Sonatrach, which Cepsa's new leadership is now hoping to put behind it. [...]

ALGERIA FRANCE Business 18/05/2022

As they return to Algiers, French bosses caught between old and new worlds

Representatives of more than a dozen major French companies will later this month pay their first visit to Algiers in five years. But the government is unhappy with their umbrella organisation's continuing collaboration with a counterpart entity associated with the ousted Bouteflika administration. [...]

ALGERIA Energy 03/03/2021

Complex web of relations behind energy ministry shake-up

Abdelmadjid Attar has paid the price of his clash with Sonelgaz and Sonatrach bosses, Chahar Boulakhras and Toufik Hakkar, leaving the ministry of energy after just eight months at the helm. [...]

Mohamed Arkab, back as Algeria's energy minister. © Christian Bruna/EPA/Newscom/MaxPPP

ALGERIA Energy 05/11/2019

Samsung-Técnicas Reunidas: behind the scenes of the mega Hassi Messaoud refinery construction contract

The construction of Hassi Messaoud refinery in the south west of the country is the largest project financed by Sonatrach in the past decade. [...]

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