The story
Following the transfer of the monopoly as well as the assets previously held or managed by Sonatrach, on 6 April 1980, through Decree No. 80/101, the National Company for the Refining and Distribution of Petroleum Products (ERDP) was born. Operational from January 1, 1982, it was entrusted with the refining of hydrocarbons and the distribution of refined products on the Algerian market. on 5 February 1983, by Decree No. 83-112, there was a change of name for the national company for the refining and distribution of petroleum products (ERDP), which then became Naftal.
On 25 August 1987, by the promulgation of Decree No. 87-190 creating, by transfer of the refining activity of Naftal, the national company for refining petroleum products under the acronym Naftec. Naftal is now responsible for the marketing and distribution of petroleum products and derivatives.
On 18 April 1998, it changed its status with the transformation of Naftal into a joint stock company with a share capital of 6,650,000,000 DA, a 100% subsidiary of the Sonatrach hydrocarbon development holding company (SVH). On 29 July 2002, increase in share capital from 6.65 billion DA to 15.65 billion DA.
On November 25, 2014, Naftal inaugurated the first compressed natural gas (CNG) station in Algeria, in the commune of Rouiba.
From Wikipedia’s article on Naftal, shared under CC BY-SA 4.0.4
