Middle East Economic Survey

VOL. XLIX

No 5

30-January-2006

ALGERIA

Sonatrach To Set Up $1.2Bn Safety CenterSonatrach President and CEO Muhammad Meziane on 17 January told Algerian state radio that Sonatrach intended to invest $1.2bn in the establishment of an emergency center that would work to prevent disasters in the companys oil and gas facilities and improve the management of crises if they arose. He said the center, which is to be located at Sonatrach headquarters in Algiers, would also work...