Middle East Economic Survey

VOL. LI

No 6

11-February-2008

ALGERIA

Cost Inflation And Limited Human Resources Hit Algerias Downstream Plans

Algeria has set itself ambitious targets in the downstream sector. Sonatrach is pursuing plans to build a new 300,000 b/d greenfield refinery at Tiaret and is looking to expand capacity at its existing refineries by 20% in the next three years. But as Minister for Energy and Mines Chakib Khelil said in Vienna on 31 January, there is a serious shortage of...