Algeria Seeks Schedule Discipline For New Refineries, Hints At Outside Equity Need

Algeria’s PM Abdelmalek Sellal this week laid the foundation stone for a new refinery at Tiaret, 220km southwest of Algiers. He emphasized the need to adhere to the project’s construction schedule so it would be ready for operation by 2020.

The Tiaret plant is one of three 5mn tons/year (108,000 b/d) refineries scheduled for development by state firm Sonatrach for start-up by 2020. Similar plants are planned to be built at Biskra, 320km southeast of Algiers, and at the key Saharan oil hub of Hassi Messaoud, 740km south-southwest of Algiers.

Algeria’s Ministry of Energy awarded front end engineering design contracts for the three plants to UK’s Amec Foster Wheeler in March, setting a 15-month deadline which would see FEED work completed by mid-2017. (CONTINUED - 453 WORDS)