Middle East Economic Survey

VOL. XLVII

No 31

02-August-2004

ALGERIA

Algeria Sets Up Joint Company For SPM Operations

Sonatrach and the local oil port management enterprises of Arzew, Bejaia and Skikda , have set up a joint company for the management and operating of off-shore oil terminals. According to a press release on 26 July, the joint company, STH (Societe de Gestion et dExploitation des Terminaux Mains Marines a Hydrocarbons), is to operate the installations of five single-point moorings...