Middle East Economic Survey

VOL. LII

No 21

25-May-2009

ALGERIA

Samsung Wins $1.2Bn Skikda Contract, As Sonatrach Unfolds Refining Plans

Algerias state energy firm Sonatrach awarded the EPC contract for the rehabilitation of the 15mn tons/year Skikda refinery to South Koreas Samsung Engineering on 11 May, in line with its efforts to transform the Algerian refining sector and double capacity, from around 22mn tons/year. Samsung fought off competition from Hyundai Engineering, Técnicas Reunidas and...