Sonatrach Forms Joint Venture Engineering Company With JGC
The Algerian state oil company Sonatrach has announced the creation ofa joint venture company for engineering, procurement and construction of industrialinstallations. Sonatrachs partners are Sidem, a member of the Algerian publicholding company SIDMET, and the Japanese Gasoline Company. The companys equitydistribution is broken down as follows: JGC (40%), Sidem (30%) and Sonatrach (30%). The...