Feb 27 2012 |
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Sonatrach Plans 70% Hike In Refining Capacity
Sonatrach Plans 70% Hike In Refining Capacity
Sonatrach’s CEO ΄Abd al-Hamid Zerguine says the state firm’s soon-to-be-unveiled refinery capacity expansion program will see the construction of “three or four” new refineries totaling 18mn tons/year (around 370,000 b/d) in crude distillation capacity. Total capacity will hit 44mn tons/year (900,000 b/d) with this target to be met over the “short to medium term,” Mr Zerguine told Algerian state news agency APS .
Algeria’s refining capacity now stands at around 26mn t/y, according to Mr Zerguine, following the refurbishment and expansion of the Arzew plant from 50,000 b/d to around 70,000 b/d late last year (MEES , 20 February). The country’s biggest plant at Skikda is set for expansion to 330,000 b/d in May. Smaller refineries are at Algiers and Hassi Messaoud.
© Copyright MEES 2012.
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