The National Petroleum Corporation of Algeria (Sonatrach) has signed a $3.7bn deal with a consortium led by Spain’s Técnicas Reunidas and Samsung Engineering to build the country’s sixth oil refinery.
The consortium will build the plant in Haoud El Hamra, in central Algeria, on an engineering, procurement, construction basis.
Técnicas Reunidas will be responsible for 55% of the contract, which includes environmental work and auxiliary infrastructure.
When complete, in the first half of 2024, the refinery will be able to process 5 million tonnes of crude oil a year, or 100,000 barrels a day. This will make it the second-largest in the country after the Skikda Refinery on the Mediterranean coast.
Source: www.globalconstructionreview.com
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