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Monday, July 23, 2018 0:8 GMT
Algerian President Abdelaziz Bouteflika expanded the power of the country’s oil chief, who has been under fire for looking to partner with US businesses. Abdelmoumen Ould Kaddour, appointed CEO of state-owned energy monopoly Sonatrach in March 2017, has sought to overhaul the country’s oil and gas industry by expanding ties with foreign partners. However, his vision and connections with US firms made him unpopular with nationalists wary of US influence in the energy sector. Ould Kaddour...More