Middle East Economic Survey
VOL. XLIX
No 9
27-February-2006
ALGERIA
Egypts Orascom Construction Industries Plans Fertilizer Plant With Sonatrach
Egypts Orascom Construction Industries (OCI) and Sonatrach on 8 February signed an initial agreement to build a 1mn tons/year greenfield ammonia/urea plant at Arzew at a cost of $746mn. OCI, which will act as lead project developer, initialed the agreement that included a detailed proposal and feasibility study that had been presented to Sonatrach. OCI...
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