US EditionSonatrach's Refinery in Italy: a Golden Opportunity or a Financial Pit? - Algeria Patriotic
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By Hocine-Nasser Bouabsa – Nearly seven years have passed since Sonatrach acquired the Augusta refinery and terminals in Sicily. Previously, they belonged to the American major ExxonMobil. Much has been written about this controversial affair, which landed the former CEO and several Sonatrach officials in prison, where they still remain due to the seriousness of their actions. Some Algerian experts have fiercely criticized this transaction.
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