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.


DON'T HAVE AN ACCOUNT?


NEED TO UPGRADE YOUR CURRENT SUBSCRIPTION?

By upgrading your Print or Digital subscription you will gain access to the MEES Archives Database with past articles and data dating back from 1984.

UPGRADE