Algeria: Bouterfa delivers
Issue 326
- 24 Jun 2016
| 1 minute read
State utility Sonelgaz has faced capacity and financial pressures, but is generally seen to have performed to an acceptable level (by current Algerian standards) under Noureddine Bouterfa’s leadership, since January 2004. Algiers analysts noted that power cuts were no longer endemic on the new minister’s watch.Announcing Sonelgaz’s 2015 results on 5 June, Bouterfa pointed to investments worth AD577bn ($5.3bn) in 2015, when 1,285.6MW of new generation capacity was brought online.
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