Magazine date:
Oct 2009 The CASH, CAAR, CAAT have shared the insurance policies of the national hydrocarbon company, SONATRACH and its subsidiaries. SONATRACH risks are placed in sets. The period of placement is annual.
Insurers are bound to a bidding procedure at the end of which the lowest bidders are retained. For the 2009-2010 period, the premium will amount to 32 million USD. It is 13% lower than in the previous financial year.