Middle East Economic Survey

VOL. XLVIII

No 32

8-August-2005

Algeria

Russias Stroytransgaz Awarded Gas Pipeline Contract

Sonatrach on 1 August signed a contract, valued at $185.5mn, with Russias Stroytransgaz to build a 273km gas pipeline that will supply the new 1,200mw Hadjret Ennous power plant in Tipasa, west of Algiers. Stroytrangaz was awarded the contract in June in a bidding offer (MEES, 27 June). The pipeline, with a capacity of 4bcm/year, will take 20 months to complete. It is an...