Article: ALGERIA: JOINT VENTURE PROJECT FEASIBILITY STUDY FOR PROPOSED $1,000,000,000 PETROCHEMICAL COMPLEX IS TENTATIVELY SCHEDULED FOR COMPLETION BY THE END OF 1999, SONATRACH [ALGERIA] & BP AMOCO [UK] - Order #: 114799.

PROJECT OVERVIEW

In a drive to add value to its abundant hydrocarbon reserves, the state-owned SONATRACH has teamed-up with UK-based BP AMOCO in view of completing a project feasibility study regarding the construction of a new petrochemical complex.

Construction plans under consideration call for building a manufacturing base that would make use of ethane gas feedstock. The proposed facility would have installed production capacities of: - 750,000 metric tons per year (mt/y) of ethylene; - 450,000 mt/y of polyethylene; - 440,000 mt/y of ethylene oxide/glycol.

As things currently stand, the project feasibility study is tentatively scheduled ...

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