Middle East Economic Survey
Sonatrach Awards $390Mn Contract To CNPC For Skikda Condensate Splitter
Algerias state-owned oil and gas company Sonatrach on 30 March awarded a contract worth $390mn to China National Petroleum Corporation (CNPC) for the construction of a 5mn tons/year condensate splitter to be located at the Skikda refinery. Italys Saipem was the only other commercial bidder. Work is to begin in July and finish by March 2008. The plant will...