Global energy markets: Sonatrach CEO calls for common African vision

Sonatrach’s CEO, Toufik Hakkar, said efforts should be “intensified to consolidate Africa’s role and capacity to benefit from its natural resources, strengthen economic integration, enhance the sense of collective responsibility, and facilitate the exchange of energy expertise and technologies among its countries, which will benefit its people.”

Sonatrach Group CEO Toufik Hakkar, at the 1st Forum of Directors of Oil and Gas Training Institutions of Member States of the Organization of African Petroleum Producers (APPO), held in Skikda on Wednesday, called for a common African vision to address the challenges posed by the evolution of global energy markets.

Toufik Hakkar said it was necessary to “unify visions and share roles among African countries to meet the demands of global energy markets.”

Speaking at the opening of the Forum organized by the Algerian Petroleum Institute (IAP), Sonatrach’s CEO further stated that “the changing global context demands keeping pace with the continuous technological development in the energy sector”.

This, he added, requires “unifying visions, pooling capacities, and sharing roles, so that African countries can meet the increasing demands of global markets for quality and economic efficiency.”

The forum, organized at the Algerian Petroleum Institute in Skikda, brought together, in addition to the Secretary General of APPO, the executive members of this body and the directors of the training institutions in the field of oil and gas representing 15 member countries of this organization: Algeria, Angola, Benin, Cameroon, Chad, Congo, Côte d’Ivoire, Gabon, Niger, Nigeria, Egypt, Equatorial Guinea, Libya and South Africa.

Source:https://algeriainvest.com/news/marches-mondiaux-de-lenergie-le-pdg-de-sonatrach-plaide-pour-une-vision-africaine-commune