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Americans are new competitors to SONATRACH in the refining market in Italy

April 25, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
Americans are new competitors to SONATRACH in the refining market in Italy

The possibility of a giant American competitor entering the national oil company SONATRACH's market in fuel and petroleum derivatives in Italy and Europe has emerged, through an acquisition offer for the largest oil refinery 'ISAB' in the city of Priolo on the island of Sicily, which is the largest in the country, indicating an intensification of competition in this sector that has proven its attractiveness, especially after the succession of geopolitical crises and their implications on the global energy market. In this context, the prestigious economic news site 'Milano Finanza' reported on Friday that an American investment fund active in infrastructure and energy has made an official offer to acquire the 'ISAB' refinery in the city of Priolo on the island of Sicily,...

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