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About Sonelgaz

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Sonelgaz is a state-owned utility in charge of electricity and natural gas distribution in Algeria. It was given a monopoly over the distribution and selling of natural gas within the country as well as the production, distribution, importation, and exportation of electricity.

Sonelgaz was founded on 28 Juillet 1969

Sonelgaz executes its strategy through a portfolio of leading financial services franchises; Rand Merchant Bank (RMB), the corporate and investment bank; First National Bank (FNB), the retail and commercial bank; WesBank, an instalment finance provider; and Ashburton Investments, the group’s asset management business.

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Sonelgaz Information

Industry Electric utility, Natural gas
Founded 28 Juillet 1969
Headquarters Algiers, Algeria
Area served
Algeria
Key people
Chahar Boulakhras (CEO)
Products Electricity generation, transmission and distribution; energy trading, Natural gas sale and distribution
Owner Algerian State
Website Official website

 

Source – Wikipedia.

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