The state-owned Sonatrach Company for Gas and Oil in Algeria has a deal to build a liquefied gas factory with the Italian firm “Technimont.”
The factory, with an estimated value of 56 billion Algerian dinars, or about 390 million dollars, will be finished in a field in the country’s south, according to a statement from “Sonatrach” released today, Thursday.
She added that the factory will allow the production of 1000 tons per day of liquefied gas, as well as the production of 300 tons per day of condensate.
The factory will permit the production of around 9 million cubic metres of gas each day, the statement said.
Algeria signs a $390 million contract to build a facility to produce liquefied gas.
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