Middle East Economic Survey

VOL. LII

No 24

15-Jun-2009

ALGERIA

Bouteflika Third Term Heralds New Era For Algerian Energy Sector

Algeria is going full tilt with the development of its energy sector, awarding a profusion of contracts in both the upstream, midstream and downstream since March this year. The national energy firm Sonatrach signed its latest major engineering, procurement and construction (EPC) contract, worth around $1.5bn, with Japan’s JGC Corporation on 6 June, for...