Middle East Economic Survey
Algerias Galsi Pipeline Progresses, Costs Increasing
A detailed timeframe is emerging for the construction of the ambitious 8 bcm/year Galsi pipeline that is due to supply Algerian natural gas to Italy directly, via Sardinia. But the estimated cost of the project, which is already four years behind schedule, is now put at more than 2bn and there are some challenging obstacles still to overcome. These could cause further delays if they...