Middle East Economic Survey

VOL. XLVIII

No 52

26-December-2005

ALGERIA

Sonatrach Awards $106Mn Oil Facilities Contract To Chinese Company

Sonatrach on 17 December signed a $106mn contract with China Petroleum Engineering and Construction Corporation (CPECC) for the construction of production and treatment facilities at the Touat oilfields. The fields, located on Blocks 352a/253 in the Sbaa basin, will supply crude to the new Adrar refinery. The planned facilities, to be set up in 18 months, include...