Middle East Economic Survey
VOL. XLVIII
No 44
31-October-2005
ALGERIA
Investment Decision On Medgaz Pipeline Expected By July 2006
Sonatrach says a final decision for investment in the 630mn ($753mn) Medgaz pipeline, which will carry 8bcm/year of natural gas to Spain and other European countries across the Mediterranean, should be taken by July 2006, while final decisions on gas sales contracts should be taken by December of this year. The construction of a 200km sub-sea pipeline that will reach...
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