Welcome to the Winfield Stock Hub

Engineering, procurement, construction & management of crude oil refineries.

Free
Message: Re: Neighbors
3
Mar 22, 2009 08:00AM

Re: Neighbors

in response to by
posted on Mar 22, 2009 08:19AM

Here are some more details on the North African Country of Algeria.



"Algeria has approved a $5 billion gas pipeline to link new supplies from three new remote desert projects to the country’s gas export system, he said.

Algerian officials have previously said the projects would have capacity to produce up to 10 billion cubic meters of gas per year. The $4 billion of ventures involve variously Gaz de France, Total and Repsol.

Two new 120,000 bpd oil projects will help Algeria compensate for declining output elsewhere, Khelil said. One of them, the El Merk development with ConocoPhillips and Anadarko would cost around $3 billion, he said.

The country was also going ahead with plans for a new $6 billion, 300,000 bpd refinery at Tiaret due to start up in 2013, he said. It would like foreign partners for the venture but would go ahead with it even if they cannot be found. (Reuters)"

Wasn't Winfield proposing a 300,000bpd refinery in Algeria before the August 2007 halt?

Babs

Share
New Message
Please login to post a reply