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AlgiersBrief
AlgiersBrief

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Finance

Sonatrach Approves $60 Billion Five-Year Plan, Largest in Company History
EnergyFinance1 day ago 2 min read

Sonatrach Approves $60 Billion Five-Year Plan, Largest in Company History

Sonatrach's board has approved a 2026-2030 investment plan totaling $60 billion, the largest in the state energy company's history. Approximately 80% of the funding, or $48 billion, is allocated to upstream exploration and production. The remaining 20% targets downstream refining and petrochemicals.

Sonatrach Raises Propane Price $25/Ton for February, Largest Increase in Months
EnergyFinance2 days ago 1 min read

Sonatrach Raises Propane Price $25/Ton for February, Largest Increase in Months

Sonatrach has raised its official selling price for propane by $25 per ton to $500 and butane by $5 per ton to $490 for February 2026 deliveries. The propane increase is the largest month-on-month adjustment in several months.