Sinopec publishes the first report on sustainable development in Algeria By Investing.com
Sinopec publishes the first report on sustainable development in Algeria By Investing.com



ALGIERS, Algeria, December 31, 2024 /PRNewswire/ — China Petroleum (OTC ๐Ÿ™‚ and Chemical Corporation (HKG: 0386, “Sinopec (OTC:)”) has officially published the first sustainability report, Sustainability report at the service of the construction of the Belt and Road – Sinopec in Algeriain December 27 in Algiers. This is the first sustainability report published by a Chinese company in Algeriadetailing Sinopec’s achievements in fulfilling its economic, security, environmental and social responsibilities in the region and promoting the vision of New Algeria.

Algeria It is the largest country in Africa with the fourth largest volume of economic production. Sinopec adheres to the vision and mission of open cooperation, mutual benefit and mutual benefit to establish a long-term sustainable cooperation model that benefits the people with the commitment to achieve unity between oil and gas exploration, environmental protection and social progress. .

Sinopec’s key focus areas in Algeria They include petroleum exploration and development, petroleum engineering, refining, and chemical engineering. Has signed a new agreement with Algeria national oil and gas company SONATRACH in the Zarzaitine oil field which further deepens the partnership. Sinopec always adheres to the principles of ensuring a high level of engineering quality and providing top-quality services. The desert water pipeline project, built to solve the drinking water shortage of 50,000 residents in Tamanrasset, won the award for outstanding contribution of Sino-Algerian cooperation.

Sinopec strictly complies with relevant safety and environmental protection standards in Algeria and continuously improve safety management, strengthen environmental control, implement green construction, and protect the ecological environment and biodiversity. It has created an electrical safety committee at the Zarzaitine oil field that has carried out 42 HSE inspections and implemented 3.12 million dollars in safety and environmental protection. Sinopec also supports various public welfare projects, such as voluntary tree planting and waste cleanup in Algeria.

Sinopec prioritizes local workforce development by providing nearly 1,000 jobs in the Zarzaitine oil field, along with opportunities for career advancement and personal growth. It is actively giving back to local communities with concrete actions, including repairing wells in the desert interior to provide drinking water to local residents, hosting diverse cultural and exchange events, holding cultural festivals, founding the “China Bookshelf” project to enhancing cultural exchange, donating medical supplies to local hospitals, providing school supplies to local students and more, which have been widely recognized by the local society.

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