Algeria: gas facility project

Russian pipeline company Stroitransgaz will bid for the construction of a gas processing facility in Algeria. A tender to build a gas processing facility to produce ammonia acid has been announced by Algerian state run company Sinotracy. Mr Leonid Bokhanovsky VP said that Stroitransgaz would file an application in consortium with Russia’s independent natural gas producer Itera. He said the company was currently preparing relevant documents and would submit its bid in September 2006. Stroitransgaz intends to invest more than USD 300 million in the project.

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