Algeria Looks May Trim Refining Plan Further As Reduced Export Revenues Bite

Algeria is considering further cuts to its refinery expansion plans after cash-strapped state firm Sonatrach earlier this year trimmed its plan for building new refinery projects by around 150,000 b/d, from the four greenfield refineries first announced (MEES, 11 October 2013).

Sonatrach still intends to increase the country’s refining capacity from the current 651,000 b/d. But the program is again under the microscope following a reshuffle which saw Salah Khebri appointed Minister of Energy and Amine Mazouzi CEO of Sonatrach, with a brief to revive the petroleum sector (MEES, 29 May).

"Sonatrach conducted pre-qualification for technology license providers between March and September this year, with “the main criteria at that stage to provide a track record of the company,” said a source at a company that took part. This process followed the cancelation of an initial front-end engineering and design (FEED) tender for new 5mn tons/year (108,000 b/d) plants at Biskra, Tiaret and 4,000 b/d of added capacity at Hassi Messaoud, MEES understands. (CONTINUED - 880 WORDS)

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table Algeria’S ‘Beyond 2020’ Refining Plan