Algeria: Sonatrach sign contracts for new refining plant studies with Spanish and French companies

  • Comments   -   Monday, 19 December 2016 - 08:45

(Ecofin Agency) - Algeria’s Sonatrach, has signed contracts with Tecnicas Reunidas and Amec Foster Wheeler to carry out studies for two new refinery processing plants.

According to Sonatrach's CEO, Amin Mazouzi (photo), the first plant, in Skikda, would process 4.6 million tonnes of fuel oil and 4 million tonnes of naphtha for an annual output of 3.2 million tonnes of diesel and 3.5 million tonnes of gasoline. He said the second plant, in Arzew, would produce 75,000 tonnes per year of methanol and 150,000 tonnes per year of butane.

Spanish firm Tecnicas Reunidas is to carry out the Skikda project study while British-based Amec Foster Wheeler will undertake the project in Arzew. The cost of the two studies is estimated at about $26 million.

The North African country is a major oil and gas producer but imports about $1.4 billion per year of gasoline products. The OPEC member is making efforts to reduce the money being expended on imports after being affected by the fall in global oil prices.

The two refineries will transform us from a net importer to an exporter of refined products,” Akli Remini, Sonatrach’s vice president, told Reuters.

Anita Fatunji

 
Finance


 
Telecom


 
Public Management


Ecofin Agency covers the news from 9 business sectors in Africa: Public management, Finance, ICT, Agribusiness, Electricity, Mining, Oil and Gas, Comms and Laws. Ecofin Agency is also creating and management specialized medias, in paper and on the web/social networks, for institutions or African publishers.

AGENCE ECOFIN

Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

REDACTION
redaction@agenceecofin.com

Public management
Aaron AKINOCHO
Borgia KOBRI
Moutiou ADJIBI

Finance
Idriss LINGE
Walid KEFI
Chamberline MOKO

Agribusiness
Espoir OLODO

Electricity
Gwladys JOHNSON

Oil and Gas
Olivier DE SOUZA

Mining
Louis-Nino KANSOUN

ITC 
Muriel EDJO

Comms
Servan AHOUGNON

Cameroon
Brice R. MBODIAM
Sylvain ANDZONGO
Monique MAY
Julienne Rose SENDE

Togo
Fiacre E. KAKPO
Waliyullah TAJUDEEN
Séna AKODA

Niger
Sandrine GAINGNE

Gabon
Stephane BILLE
Pierre-Celestin ATANGANA

Desk
Stéphane ALIDJINOU
Souha TOURE
Vahid CODJIA
Diane ZODEHOUGAN
Hikmatu BILALI

Translation
Schadrac AKINOCHO
Mouka MEZONLIN
Firmine AÏZAN



Digital
Omar SOKHNA
Mamadou DIOP
Bacary MANE
Abdel Razak MOULIOM

Digital Marketing
Jérémie FLAUX
Geraud ACHI
Jean Christian BERNARD
Franck FOUTE

Web publishing
Bakoly RAHARISOA
Rina RAMANANDRAISOA
Hasina RAJEMISON

Development
Dominique FLAUX

 


 
REGIE COMMERCIALE
AGENCE ECOFIN
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11
Fax: +41 22 301 96 10

Benjamin FLAUX
bf@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72

Voir page 
Nos services
 

 










 



Ecofin Agency is a news agency for economic and sectorial information. It was created in 2010 and it website was launched in June 2011.

Please publish modules in offcanvas position.