Algeria loses about $100m over quality of Sonatrach’s petroleum products - News Summed Up

Algeria loses about $100m over quality of Sonatrach’s petroleum products


However, Sonatrach officials, although informed of the anomalies, still filled and sent two cargoes commissioned by BOTASE. Fatiha Neffah, Vice-President in charge of sales at Sonatrach, gave permission to proceed with the shipment, the investigative media reports. Last March, because of the poor quality of its refined products supplied to Electricité du Liban Sonatrach got embroiled in a lawsuit and lost one of its biggest contracts. Actually, to hide the poor quality of the products delivered to Electricité du Liban, Sonatrach had bribed officials and agents to turn a blind eye. The question that remains is whether the Algerian oil giant will manage to recover from this string of setbacks.


Source: The North Africa Journal September 08, 2020 17:37 UTC



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