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Article: ALGERIA: SONATRACH GETS $43 MILLION LOAN FROM IDB TO DEVELOP HASSI MESSAOUD'S SOUTHERN OIL FIELDS.(Brief Article)(Statistical Data Included)
- Article from:
- IPR Strategic Business Information Database
- Article date:
- August 27, 2000
CopyrightCOPYRIGHT 2000 Info-Prod (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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According to the North Africa Journal, the Algerian oil company Sonatrach will receive $43 million in loans from the Islamic Development Bank (IDB) to develop the Mesdar oil field located in the south of the oil hub Hassi Messaoud. The two organizations signed two separate agreements. The first agreement concerned a $30 million loan to fund the ...
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