VOL. XXXIX

No. 40

1-July-1996

ALGERIA

Algeria's Sonelgaz Plans $15.5Bn Investment For Electric Power

Sonelgaz, Algeria's state-owned power company, has said in a report covering its 1995-2000 five-year plan that it intends to invest $15.5bn to develop and expand the production, transportation and distribution of electricity throughout the country by the end of the decade. Sonelgaz said that $7bn of the project would be self-financed, while $3bn would come from large contracts with local...