Middle East Economic Survey

VOL. LIII

No 19

10-May-2010

ALGERIA

Sonatrach Announces Management Changes

Algerias state-owned Sonatrach announced a new management team on 3 May, appointing Nur al-Din Cherouati, chairman of the state Hydrocarbon Regulatory Authority (HRA), as its new president. Mr Cherouati takes over of running of the troubled firm from interim president, 'Abd al-Hafidh Feghouli, who was appointed in the wake of the Sonatrach corruption investigation, which saw CEO Muhammad Meziane...