VOL. XXXVIII

NO. 51

18-SEPTEMBER-1995

Algeria

EIB Lends $128Mn For Second Phase Of Rhourde Nouss Gas Complex

The European Investment Bank (EIB), the European Union's long-term financinginstitution, extended on 13 September an ECU100mn ($128mn) loan to Algeria forthe construction of the second phase of the Rhourde Nouss gas complex. Projectplans call for the stripping of LPG from current condensate production andtransporting it first to the Hassi R'Mel gas field and from there to the Arzewexport...