ALGERIA: Lowering its horizons
A little more than 18 months ago, state energy company Sonatrach launched plans to develop a comprehensive range of worldscale facilities intended to put the country back on the petrochemicals map after years of decline. The early signs were positive. Expressions of interest flooded in from some of the biggest international players in the sector, and the wholesale changes promised by the new hydrocarbons law of July 2005 helped to create a sense of optimism and forward momentum. Foreign ...
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