Algeria's Sonatrach awards China a $520 million contract to built MTBE plant


Reuters | Algiers | Updated: 19-05-2022 21:45 IST | Created: 19-05-2022 21:43 IST
Algeria's Sonatrach awards China a $520 million contract to built MTBE plant
Representative Image Image Credit: Facebook (SONATRACH)
  • Country:
  • Algeria

Algeria's national oil company Sonatrach said on Thursday it has awarded China a $520 million contract to build a Methyl Tert Butyl Ether plant.

The project will enter into production in 2025 with an output estimated at 200,000 tonnes per year, the company added during the signing ceremony.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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