VOL. XLVI
No 6
10-February-2003
ALGERIA
Sonatrach/Linde Helium Plant Agreement
Sonatrach on 4 February signed a contract with Germanys Linde for the construction of an $80mn helium plant at Skikda in eastern Algeria with the capacity to produce 600mn cu ft/year of helium and 140 tons/day of nitrogen by 2005. Linde was selected for the contract in May last year (MEES, 3 June 2002). Under the terms of the deal, Linde will provide $68mn of the finance, with the rest found by Sonatrach. The two...
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