Middle East Economic Survey

VOL. XLVIII

No 26

27-June-2005

Algeria

Russias Stroytransgaz Wins Pipeline Construction Contract

Sonatrach on 19 June awarded Russias Stroytransgaz (STG) a contract worth $231.3mn for the construction of a 273km pipeline to carry natural gas from Sougueur near Tiaret to the 1,200mw Hadjret Ennous power plant in Tipasa province. The pipeline is an extension of a section of the Medgaz pipeline being built by the Algerian-Spanish joint venture Cosider-Masa that will link...