Petroleum Africa
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Tuesday, June 9, 2020
Algerian Minister of Energy Mohamed Arkab said last week that state oil firm Sonatrach is currently working on adapting its marketing strategy in the gas sector to the demands of increasing market competition. “Sonatrach is changing its commercial strategy” in light of changes in the global market, Arkab said in a press statement on the sidelines of a plenary session at the Council of the Nation.
Further, Arkab stated, “Several countries inject large quantities in particular with the development of the production of shale gas and liquefied gas … the world changes and so do we.” He assured that Algeria aimed to “remain the preferred supplier” of European countries and pointed to the pipelines as the means for guaranteeing direct connection to customers as this is an advantage the county has over many other nations in order to economically supply its European customer base.
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