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Sonatrach Signs Gas Sales Agreement With Orascom, Despite Supply Concerns
...ailability of natural gas feedstock. State-owned energy firm Sonatrach last week signed a 20-year sales-purchase contract with Egypt’s Orascom Construction Industries (OCI) to supply 1.7 bcm/year of gas to the ammonia/urea plant that the two companies are developing there from 2011. The plant will have a pr...
Volume: 52Issue: 09Published at Mon, 02 Mar 2009 -
Juba Government Facing Serious Financial Difficulties As Oil Revenues Dwindle
...artoum have been too preoccupied with sharing the country’s oil rent, and are principally using the revenue to build up arms, ahead of a proposed referendum on independence for the south in 2011, and at the expense of economic development and national stability. The report estimated that as much as 60...
Volume: 52Issue: 09Published at Mon, 02 Mar 2009