VOL. XLIV

No. 17

23-April-2001

ALGERIA

Sonatrach Builds New Export Pipeline

Sonatrach signed two contracts on 14 April for the construction of an 822km (511 mile) crude oil pipeline (OZ2) from the main oil storage-dispatching terminal at Haoudh El Hamra to the export terminal at Arzew on the Mediterranean. The first contract, worth AD6.6bn ($83mn), covers the 419km first tranche of the project to the city of Laghouat and was signed with the state-owned engineering and construction company Cosider...