Middle East Economic Survey

VOL. XLIX

No 3

16-January-2006

ALGERIA

Investments In Algerian Hydrocarbon Sector To Reach $33Bn In Next Five Years

Over the next five years investments in the Algerian hydrocarbon sector will reach $33bn, $8bn of which will be foreign direct investments (FDI), Energy Minister Chakib Khelil told Algerian daily El Moujahid on 31 December 2005. These investments will finance around 10 petrochemical plants and a gas-to-liquids plant. Calls for tenders have already been...