ALGERIA - Part 4 - Sonatrach As An Integrated Trans-National.In petroleum, Algeria's state concern Sonatrach is describing itself as the first company in Africa and the 12th in the world, with "a leading position in natural gas, LNG LNG (liquefied natural gas): see under natural gas. and LPG LPG: see liquefied petroleum gas. 1. LPG - Linguaggio Procedure Grafiche (Italian for "Graphical Procedures Language"). dott. Gabriele Selmi. Roughly a cross between Fortran and APL, with graphical-oriented extensions and several peculiarities. ". It has become a trans-national group with divisions for upstream, midstream and downstream petroleum and petrochemical ventures at home and abroad. Main overseas markets being targeted by Sonatrach for expansion - with emphasis on oil, as well as an integrated chain from gas E&P in Algeria to electric power consumers in the nearer markets - are Italy/Central Europe, Spain/Portugal/France, Turkey/Iraq/Yemen, West Africa and Latin America. The Indian subcontinent for gas-to-power (GTP GTP (guanosine triphosphate): see guanine. ) and, potentially, gas-to-liquids (GTL GTL - Gunning Transceiver Logic ) ventures is also a target. Sonatrach already has a stake in a midstream gas JV in Peru, where it wants to invest in E&P. It is helping Petroleos de Venezuela increase oil production after a devastating wave of strikes. Sonatrach's move into Latin America was spearheaded in 2000 by its Spanish-speaking CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and Energy Minister Chakib Khelil (see who's who in DT and Gas Market Trends of this week). |
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