Algeria: Petrochemicals plan stalls
Negotiations with bidders on two projects for Algiers' petrochemicals masterplan have run into difficulties, say sources close to the project.A senior executive from the client, state energy company Sonatrach, told MEED in early June the company had failed to reach agreement with interested companies on preliminary agreements for an estimated $2,500 million ethane cracker, at Arzew, and a fuel oil catalytic cracking unit at Skikda in the northeast.The draft agreements, ...
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