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A paid subscription is required for full access. In 2021, the total oil refinery capacity in Algeria stood at 677 thousand barrels per calendar day. The Skikda refinery had the highest capacity, corresponding to 355 thousand barrels per calendar day, in addition to 122 thousand barrels per calendar day of condensate refinery capacity.
Where is Algeria working on crude oil refining?
Algeria has completed work on a crude oil refining project in Hassi Messaoud, the largest oil city in the country, to pump 60,000 barrels per day. state-owned Sonatrach said today….
How long does it take for Algeria to complete a refinery?
In any case, Algeria will need to find interim solutions to deal with its reliance on foreign oil products and the drain on foreign currency reserves. It will take more than four years to complete the refinery, Sonatrach said. International Energy Agency.
Who owns Algeria’s new oil refinery?
Algeria’s state-owned Sonatrach will be the owner and the operator of the £2.8bn ($3.68bn) oil refinery facility which is scheduled to start operations in the first half of 2024. The project’s construction work will be executed by a joint venture (JV) of Korea’s Samsung Engineering (45%) and Spanish firm Técnicas Reunidas (55%).