ISTANBUL- Algeria's oil and gas company Sonatrach and Turkish firms Ronesans and Bayegan have agreed to establish a petrochemical facility worth $1 billion in Turkey, Turkish President Tayyip Erdogan said on Tuesday.

Speaking to a business forum in Algeria, Erdogan said the facility will be built in the southern Turkish province of Adana and would reduce Turkey's dependence on foreign petrochemicals by 25 percent.

 

(Reporting by Ezgi Erkoyun and Ali Kucukgocmen Editing by Dominic Evans) ((ezgi.erkoyun@thomsonreuters.com; +90-212-350 7051; Reuters Messaging: ezgi.erkoyun.thomsonreuters.com@reuters.net;))