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Thursday, October 14, 2021
More than 80% of Sonatrach contracts for the first half of 2021 were signed with Algerian companies, in accordance with the group’s new strategy aimed at promoting local content and national integration, according to Group CEO Toufik Hakkar.
The total number of contracts signed with national companies reached 827 contracts for an amount of 219 billion dinars, out of 1,038 contracts signed during the first half of 2021, according to data presented during the signing ceremony of the General Declaration of the Policy on local content and national integration by Sonatrach.
Among the contracts signed with Algerian companies, Sonatrach implemented 286 contracts with public companies and 541 with private sector companies. The total value of the Sonatrach contracts signed in H1 2021 is around $3.25 billion dollars.
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