Technical bids in for Tiaret refinery
Technical bids are under evaluation at state-owned energy company Sonatrach for a concession to take a 35 per cent equity stake in a new project company to build a 300,000-barrel-a-day grassroots refinery at Tiaret. Sonatrach will take the remaining 65 per cent stake. About six companies submitted bids in mid-May. They include France's Total, Qatar Petroleum International, China National Petroleum Company, the US' Winfield and Indian Oil Corporation. Commercial proposals are due to be ...
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