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Promotion of local content and national integration: Sonatrach renews 6 framework agreements

25/12/2024
Source : ORISHAS FINANCE
Categories: Sectors

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Le lundi 23 décembre, le groupe Sonatrach and six (6) holding companies and public industrial groups signed the framework agreements in Algiers. The agreement was signed as part of the policy to promote local content and national integration.

Les contrats signés par Sonatrach extend over a period of 3 years aim & et agrave; provide goods and services by EPEs belonging to these holdings and industrial groups for the benefit of Sonatrach style="font-family: "Bookman Old Style”, serif"> and its subsidiaries. Sonatrach has thus undertaken to “encourage the use, as a matter of priority, of the national production tool, when it is in a position to meet its needs, while respecting quality and cost. ; and deadlines.” According to LaSonatrach style="font-family: "Bookman Old Style”, serif">, these new conventions aim to “reduce dependence on imports, with the exception of raw materials or components that are not available locally, as well as to the commitment of the signatory Holdings and industrial groups to ensure that their EPEs provide their goods and services at preferential prices to Sonatrach style="font-family: "Bookman Old Style”, serif"> and its subsidiaries, by ensuring a competitive titivity in terms of quality, cost and deadlines.” For the group, the conclusion of these framework agreements reflects “Sonatrach's firm commitment style="font-family: "Bookman Old Style”, serif"> to support the national economy, by valuing local production and by promoting integration. industrial. For his part, the Minister of State, Minister of Energy, Mines and Renewable Energies, Mohamed Arkab, indicated that these agreements “confirm the commitments that reflect the vision of LaSonatrach. in terms of supporting local content, giving priority to the national production tool to meet needs according to quality, cost and time standards, while reducing dependence on imports, except for raw materials or components not available on the local

market”.
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