Saturday, July 28, 2007

Can I Take An Epilator On A Plane



Chakib Khelil about the merger with French companies
Sonatrach has not received any proposal

Minister of Energy and Mines, Chakib Khelil, explained in an interview with Arab Oil and Gas in the issue dated August 1, the vision of Sonatrach concerning the merger with the French companies GDF, Suez and Total. If the thesis developed is not new, it is still explicit and detailed.
Citing the examples of strategic partnerships based on concrete projects with the Norwegian company Statoil and the Italian group Eni, the Minister shows the way forward that could be borrowed by the French companies through their cooperation with Sonatrach . And that is why it has been argued that "French companies have not done Sonatrach proposals likely to contribute to its international development, which has a strategic character for us, as did the group Statoil and Italy's Eni, with which we are involved in exploration in Mali. " Statoil partner Sonatrach in two offshore exploration projects in Egypt. This is a first for the national company that has no experience in offshore. While the Italian group Eni entered into partnership with Sonatrach in several exploration projects in Mali. The minister also cited the strategic partnership with the Portuguese company EDP which allowed Sonatrach to hold a stake in the company. The Minister noted that "to date, we have unable to develop similar partnerships with Gaz de France or elsewhere with Total. For the minister, "Sonatrach is perhaps not their preferred partner, which is their right. Sometimes governments push for agreements when the industry players involved are not necessarily concerned because the proposed scheme does not in their overall strategy. " In explaining this, the minister, who refused to judge or to make a criticism, welcomed the recent visit of French President Nicolas Sarkozy may be an opportunity to grow in that direction. Outlining the strategy partnership with Sonatrach, the Minister said: "Overall, we want to find partners who add value especially in terms of technology, management capacity or markets that interest us. "It is in relation to these needs that we can consider alliances that will lead to significant synergies," he said. However, there is a fairly well developed cooperation between Sonatrach and French companies. For example, Sonatrach and Gaz de France created in 2000 a joint marketing of LNG (MEDLNG). Of Furthermore, GDF and Sonatrach are soon to develop a gas project in partnership with Algeria. This is in addition to contracts for the sale of LNG and natural gas through the Medgaz. With Total, the partnership is important in exploration in Algeria. On 16 July, the French group Total has won a petrochemical project. The project cost is estimated at 3 billion. The complex, with a capacity of 1.4 million td'éthane annually produce 800,000 tons of polyethylene with 450,000 tons of LLDPE, 350,000 t of HDPE and 410,000 td'éthylène glycol to be used both in domestic market and exports. The plant will be owned 49% by Sonatrach and 51% by Total. This is a great breakthrough for the French group in the petrochemical sector will experience a rise in Algeria. It should be remembered that Mr. Sarkozy before his election, had advocated a rapprochement between GDF and Sonatrach instead of a GDF-Suez merger without giving details. Then he had known nuclear-natural gas. During the visit he made on July 10 in Algeria, the French head of state had said the two countries are discussing the energy "as a whole and in all its facets," adding: " We will have the opportunity to advance a number of concrete proposals in November. "Mr. Sarkozy must make a state visit to Algeria in November this year, according to his statements. During this visit, we'll know a little more. However, according to statements from their leaders, the French companies Suez and GDF have regular discussions with Sonatrach for their cooperation and opportunities available to them. ELWATAN

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