State-owned Corporation | |
Industry | Oil and Gas |
Founded | December 1963 |
Headquarters | Hydra, Algiers, Algeria |
Key people
|
Amine Mazouzi (CEO since May 2015) |
Products |
Oil (fuels, lubricants) Natural Gas (LNG) Petrochemicals |
Revenue | US$ 76.1 billion (2012) |
Owner | Algerian government |
Number of employees
|
120,000 (2010) |
Subsidiaries |
Naftal Numhyd ALEPCO GALSI GCB National Civil Engineering Co. ENTP National Well Engineering Company |
Website | sonatrach-dz.com |
Sonatrach (Arabic: المؤسسة الوطنية للتنقيب, صناعة, نقل, تحويل و تسويق المحروقات or English: National Company for Research, Production, Transport, Transformation, and Commercialization of Hydrocarbons s.p.a.) is an Algerian government-owned company formed to exploit the hydrocarbon resources of the country. It has some concessions in Libya, Mauritania, Peru, Yemen and Venezuela. Its diversified activities cover all aspects of production: exploration, extraction, transport, and refining. It has diversified into petrochemistry and the desalination of seawater.
Sonatrach is the largest Algerian and African company and the 11th largest oil consortium in the world. Its gross sales (as of 2002) was 1,530 billion Algerian dinars for a net income of 175 billion. The company, which employs approximately 120,000 workers, produces 30% of the GNP of Algeria. Annually it produces (as of 2002) 206 million Tonne of oil equivalent (toe), including 11.7% (24 million toe) for the domestic market. Sonatrach operates the largest oil field in Algeria, Hassi Messaoud, which produced around 440,000 bbl/d (70,000 m3/d) of crude in 2006. Sonatrach also operates the Hassi R'Mel field (north of Hassi Messaoud, south of Algiers), which produces around 180,000 bbl/d (29,000 m3/d) of crude. Other major fields operated by Sonatrach include Tin Fouye Tabankort Ordo, Zarzaitine, Haoud Berkaoui/Ben Kahla, and Ait Kheir.
Sonatrach operates over 2,400 miles (3,900 km) of crude oil pipelines in the country. The most important pipelines carry crude oil from the Hassi Messaoud field to export terminals. Sonatrach also operates oil condensate and LPG pipeline networks that link Hassi R'mel and other fields to Arzew. Sonatrach is expanding the Hassi Messaoud-Azrew pipeline, the longest in the country. The project entails a second, parallel line that will more than double the capacity of the existing line.