Top 100 CEOs In The
Middle East 2022
4. Toufik Hakkar
Designation: Chairman and CEO
Company: SONATRACH
Country: Algeria
Nationality: Algerian
Sector: Energy
Hakkar has been working with SONATRACH for 27 years. Algeria’s state-owned oil company, SONATRACH, produced 185.2 million tons of oil equivalent in 2021, up from 175.9 million tons of oil equivalent in 2020, an increase of 5%. Its production of liquefied natural gas also increased by 14% in 2021, reaching 26.3 million cubic meters. The company is currently developing three major petrochemical projects. In December 2021, Hakkar was awarded an order of merit medal by the President of the Algerian Republic.