VOL. XLVI
No 47
24-November-2003
ALGERIA
Sonatrach Forms Joint Venture With AMPTC Focused On LPG
Sonatrach announced on 22 October it had formed a 50:50 joint venture with the OAPEC-sponsored Arab Maritime Petroleum Transport Company (AMPTC) focused on the tankering and floating storage elements involved with the supply of Algerian LPG into the Suez market. According to Sonatrach, the new venture will allow the Algerian company to place additional volumes of LPG into this market in new term...
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