Algeria names new chief for state energy firm Sonatrach - state TV

ALGIERS (Reuters) - Algerian President Abdelmadjid Tebboune on Wednesday appointed Toufik Hakkar as the new head of state energy firm Sonatrach, state television reported.Hakkar, a senior Sonatrach executive, will replace Kamel Eddine Chikhi who was only named head of the company three months ago, the latest in a rapid carousel of changes at the top in recent years.Algeria, a major gas supplier to Europe, relies on hydrocarbons sales for 60% of its budget revenue but they have slumped since the..