Middle East Economic Survey
VOL. LII
No 9
2-Mar-2009
ALGERIA
Sonatrach Signs Gas Sales Agreement With Orascom, Despite Supply Concerns
Algeria is forging ahead with plans to develop its petrochemical industry around the Arzew export terminal, despite concerns about the availability of natural gas feedstock. State-owned energy firm Sonatrach last week signed a 20-year sales-purchase contract with Egypts Orascom Construction Industries (OCI) to supply 1.7 bcm/year of gas to the ammonia/urea plant...
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