Abdelmoumen Ould Kaddour
,CEO,Sonatrach
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In his year in charge of Algeria’s state-owned oil and gas firm, Ould Kaddour has courted foreign investment. He resolved a dispute with Spain’s Repsol, signed an upstream partnership with France’s Total and last month signed an understanding with Norway’s Statoil and BP with regard to exploration joint ventures. Natural gas is Sonatrach’s bread and butter and the CEO has sanctioned a $250mn investment at the Tinhert gas field to boost production, taking the country’s output above 100bn cubic metres per year.
