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Sonatrach
Sonatrach (; ) is the national state-owned oil company of Algeria. Founded in 1963, it is known today to be the largest company in Africa with 154 subsidiaries, and often referred as the first African oil "major". In 2021, Sonatrach was the seventh largest gas company in the world. Overview Sonatrach is the 12th largest oil consortium in the world, with 154 subsidiaries operating over the entire oil value-chain from upstream (petroleum industry), upstream, to midstream, and downstream (petroleum industry), downstream activities. In 2002, its gross sales was 1,530 billion Algerian dinars for a net income of 175 billion. With approximately 120,000 workers, the company produced 30% of the Gross National Product, GNP of Algeria. Annually it produced 206 million Tonne of oil equivalent, Tonne of Oil equivalent (ToE), including 24 million ToE, or 11.7% of total, for the Algerian domestic market. In 2021, the company's export revenues had increased by 75%, placing turnovers at US$3 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Algeria
Algeria, officially the People's Democratic Republic of Algeria, is a country in the Maghreb region of North Africa. It is bordered to Algeria–Tunisia border, the northeast by Tunisia; to Algeria–Libya border, the east by Libya; to Algeria–Niger border, the southeast by Niger; to Algeria–Western Sahara border, the southwest by Mali, Mauritania, and Western Sahara; to Algeria–Morocco border, the west by Morocco; and to the north by the Mediterranean Sea. The capital and List of cities in Algeria, largest city is Algiers, located in the far north on the Mediterranean coast. Inhabited since prehistory, Algeria has been at the crossroads of numerous cultures and civilisations, including the Phoenicians, Numidians, Ancient Rome, Romans, Vandals, and Byzantine Greeks. Its modern identity is rooted in centuries of Arab migrations to the Maghreb, Arab Muslim migration waves since Muslim conquest of the Maghreb, the seventh century and the subsequent Arabization, Arabisation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |