Algerian state energy company Sonatrach's CEO sacked - state TV


  • World
  • Wednesday, 24 Apr 2019

FILE PHOTO: Sonatrach's CEO Abdelmoumen Ould Kaddour speaks during an international forum on oil and gas in Algiers, Algeria October 29, 2018. REUTERS/Lamine Chikhi

ALGIERS (Reuters) - Algeria's interim president has sacked Abdelmoumene Ould Kaddour as the chief executive of state energy company Sonatrach, state TV said on Tuesday, creating uncertainty for investors who had started to return to the oil and gas producer.

The interim president, Abdelkader Bensalah, appointed Sonatrach's head of production and exploration, Rachid Hachichi, to replace Kaddour, state TV reported.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Feature: Italian students show off Chinese language skills in competition
2 shot during high school graduation ceremony in U.S. Oakland
U.S. dollar ticks down
More UK Conservative lawmakers set to quit than before 1997 election defeat
Three Syrian officials found guilty of war crimes in France
2 dead in domestic shooting in U.S. Houston
Three Christian missionaries from Oklahoma-based group killed in Haiti
China's new energy products captivate at Hungary's GreenTech conference
"Dialogue of civilizations" between China, Greece held in Athens
Malawian president urges traders to utilize int'l markets

Others Also Read