VOL. XLVII

No 03

19-January-2004

ALGERIA

Sonelgaz Establishes New Subsidiaries Following Benghanem’s Replacement

Sonelgaz has established three new subsidiaries as part of its liberalization of the country’s gas and power sector. The new units and the appointments of their directors come just days after the replacement of Sonelgaz chairman Abdelkarim Benghanem by Noureddine Boutarfa, the former head of Algerian Energy Company (AEC), the Sonatrach-Sonelgaz joint venture. The...