VOL. XLIII

No. 08

21-February-2000

ALGERIA

Sonatrach Privatization Considered A Possibility

Algerian Minister of Energy and Mines Chakib Khelil has said that the Algerian Government is not averse to the idea of offering limited shares in state-owned Sonatrach, in essence a partial privatization, in order to raise capital to finance the companys expansion plans. The Algerian Minister was quoted on 1 February in the Algerian daily Le Matin as saying that "if Sonatrach finds that it needs money and...