DistantNews
Support us
Sonatrach General Meeting: Progress of Major Structuring Projects on the Agenda
๐Ÿ‡ฉ๐Ÿ‡ฟ Algeria /Energy & Infrastructure

Sonatrach General Meeting: Progress of Major Structuring Projects on the Agenda

From El Watan · () French

Translated from French, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • Sonatrach held its ordinary general meeting on June 23 to review its 2025 financial performance and approve consolidated accounts.
  • The meeting also assessed Sonatrach's achievements across the hydrocarbon value chain and reviewed the progress of major structuring projects.
  • The meeting was chaired by the Minister of State, Minister of Hydrocarbons, Mohamed Arkab, and attended by other key government and financial officials.

The Sonatrach group convened its ordinary general meeting on June 23, focusing on the company's financial performance and strategic project advancements. During the assembly, members reviewed the financial results and performance for the 2025 fiscal year. They subsequently examined and approved the consolidated accounts of the Sonatrach group and the company's individual financial statements, with the presence of statutory auditors.

A significant portion of the meeting was dedicated to evaluating Sonatrach's accomplishments throughout the entire hydrocarbon value chain. Attendees were updated on the progress of the group's major structuring projects, a key aspect of the company's long-term development strategy. This review underscores Sonatrach's ongoing commitment to expanding its operations and infrastructure.

The general assembly was presided over by Mohamed Arkab, the Minister of State and Minister of Hydrocarbons. Also in attendance were Abdelkrim Bouzred, the Minister of Finance, Mohammed Lamine Lebbou, Governor of the Bank of Algeria, and Faouzi Amokrane, representing the presidency of the Republic. Nour Eddine Daoudi, the CEO of Sonatrach, was also present, highlighting the high-level importance placed on this annual review.

DistantNews Editorial

Originally published by El Watan in French. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.