• Friday, April 19, 2019

Algeria's Sonatrach signs $1 billion gas plant deal with India's Larsen & Toubro

Discussion in 'Central & South Asia' started by Jyotish Kailashkumar, Feb 12, 2019.

  1. Jyotish Kailashkumar

    Jyotish Kailashkumar SENIOR MEMBER

    Messages:
    2,040
    Joined:
    Oct 8, 2018
    Ratings:
    +1 / 1,382 / -6
    Country:
    Suriname
    Location:
    Netherlands
    Algeria's Sonatrach signs $1 bln gas plant deal with India's Larsen & Toubro

    FEBRUARY 11, 2019

    ALGIERS, Feb 11 (Reuters) - Algeria’s Sonatrach has signed a $1 billion contract with India’s Larsen & Toubro to build plants to produce 11 million cubic metres of gas per day, Sonatrach’s CEO said on Monday.

    “The project shows that we still have gas and we can raise output in the coming few years,” Sonatrach’s Abdelmoumene Ould Kaddour told reporters.

    Algeria’s gas output was 135 billion cubic metres for whole in 2018.

    https://af.reuters.com/article/algeriaNews/idAFL5N2065RA
     
    • Thanks Thanks x 3