Middle East Economic Survey
VOL. LII
No 32
10-Aug-2009
ALGERIA
BP Plans $2Bn Investment In Algeria By 2014
BP is planning to spend $2bn over the next five years in Algeria, where it is one of the largest international gas producers and has exploration acreage that has already yielded drilling success. The development of the 9 bcm/year In Salah dry gas project, which is also the worlds first full-scale carbon dioxide capture project, will cost around $1bn and involves building a compression station...
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