Sonatrach’s CEO Participates in the “Innovation in Algeria 2027” Conference: A Commitment to Sustainable Energy Solutions and Technological Advancement

BY: Dr. Hana Saada

Algiers, Algeria | December 21st, 2024 — On December 21, 2024, Mr. Rachid Hachichi, the CEO of Sonatrach, participated in the “Innovation in Algeria 2027” conference, organized by the National Council for Scientific Research and Technology. The event, held under the auspices of the National Council’s President, Mr. Mohamed Tahar Abadlia, brought together senior executives from national and private companies, prominent researchers, and experts from various sectors to address the role of innovation in shaping the future of Algeria’s economy, particularly in the energy sector.

In his speech, Mr. Hachichi emphasized the critical importance of research, development, and innovation in driving industrial transformation and ensuring sustainability in the energy industry. He highlighted Sonatrach’s leadership in adopting cutting-edge technologies and creating innovative solutions to tackle the ongoing environmental and energy challenges. His remarks underscored the company’s commitment to not only keeping pace with global developments but also setting benchmarks in energy sector innovation.

Mr. Hachichi also shared impressive statistics regarding Sonatrach’s increasing contributions to innovation, noting that the company’s patents had risen from just one in 2020 to nearly 30 in 2024. Furthermore, Sonatrach has initiated approximately 40 research and development projects, with 70% of these being executed in collaboration with national and international partners. These figures reflect Sonatrach’s drive to position itself as a key player in the global innovation landscape, particularly in the context of Algeria’s energy transition.

The CEO reaffirmed Sonatrach’s ongoing efforts to foster collaboration with universities, research centers, and emerging startups. He stressed the importance of building a comprehensive ecosystem that supports innovation, not only for the energy sector but also for Algeria’s broader economic development. By doing so, Sonatrach is paving the way for groundbreaking solutions that will enable the country to meet the challenges of today and tomorrow.

In concluding his address, Mr. Hachichi emphasized that investment in innovation is not just a reactive measure to face current challenges but also an opportunity to reshape the energy sector, making it more sustainable and responsible. He reiterated Sonatrach’s unwavering commitment to supporting research and innovation, acknowledging that the “Innovation in Algeria Conference” serves as a vital platform for exchanging ideas and fostering initiatives that will drive the country’s growth and sustainability.

As a testament to Sonatrach’s outstanding contributions to scientific research and innovation, Mr. Hachichi was honored with a special award by Mr. Abadlia, President of the National Center for Scientific Research and Technology. The award recognized Sonatrach’s exceptional efforts in advancing scientific knowledge and fostering an innovation culture in Algeria’s energy sector. This recognition serves as a proud symbol of Sonatrach’s dedication to creating innovative solutions that address current challenges while shaping a sustainable and prosperous future for Algeria.

With its unwavering commitment to progress and innovation, Sonatrach continues to be a cornerstone in Algeria’s drive to achieve long-term sustainability and energy security. Through strategic partnerships and a relentless focus on cutting-edge research, the company is shaping the future of energy in Algeria and beyond.

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