Monday, February 25, 2008

Algeria plans investment outlay of US$28 bln in petrochemical sector

Algeria has decided to earmark an investment outlay of US$28 billion in petrochemical projects over the next five years. The investment is part of a plan to develop hydrocarbon-derived products, including refineries in the cities of Skikda and Arzew, located in the eastern and western parts of the country respectively.

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