No.52/ No. 01

25-Dec.-2000/1 Jan. 2001


Sonatrach Awards $324Mn Pumping Stations Contract To Franco-Italian Group

On 18 December, a $324mn contract for the construction of oil pumping stations was awarded by state-owned Sonatrach to a consortium consisting of Frances Spie Capag and Saipem, a subsidiary of Italys Eni. The contract calls for the construction of six oil pumping stations in two phases, together with additional facilities, along the 822km OZ2 pipeline that will...