Jul 16, 2007 Reuters Total 発表 Total and Sonatrach Confirm Construction of a Petrochemical Complex
Algeria awarded a contract to France's Total SA on Monday to build and operate a steam cracking complex able to produce 1.4 million tonnes of ethane per year, officials said.
The project is worth over $3 billion and the plant, to be built on Algeria's northwest coast in partnership with state energy firm Sonatrach, will also produce polyethylene and ethylene glycol.
The plant will be financed 49 percent by Sonatrach and 51 percent by Total and the products will be sold on the national and international markets.
It is the first of six petrochemical projects Algeria has launched for an estimated overall value of $12 billion.
The results of a further tender for a complex capable of producing 1 million tonnes of methanol per year were expected later on Monday, the officials said. That project will also be a partnership of Sonatrach and a foreign company.
2007/7/17 www.plastemart.com
Algeria awards contracts for petrochem projects
In a bid to diversify the
range of products the country produces from its abundant
hydrocarbon reserves, Algeria has awarded contracts to the tune
of more than US$4 billion for petrochemical infrastructure
projects.
France's Total SA has been awarded a tender to
build and operate a steam cracking complex producing 1.4 million
tpa of ethane. The project, worth more than US$3 bln, is to be
located at Algeria's northwest coast in partnership with state
energy firm Sonatrach, will also make polyethylene and ethylene
glycol. It will be financed 49% by Sonatrach and 51% by Total and
will cater to demand in domestic as well as international
markets.
The government has awarded a contract to build a 1 million tpa
methanol to the Almet consortium of foreign and local firms, at an
estimated investment of US$1 bln. The Almet consortium includes
Mitsui of Japan, Qurain of Kuwait, German firm Lurgi as well as
companies from Algeria and Trinidad, and will hold a 51% stake in
the project. Sonatrach will hold the balance 49% stake.
These two plants are the first of six petrochemical
projects
Algeria has launched for an estimated overall value of US$12 bln. Algeria is rapidly expanding
output of oil and natural gas and wants to invest heavily in
petrochemicals to diversify the range of products for export and
get more value from its energy supplies.
Algeria plans 12 bln usd petrochemical complex; Total, Almet win orders
The Algerian government has awarded contracts to Total SA and an international consortium, Almet, worth a combined 4 bln usd, to build two new petrochemical plants as part of a 10-unit petrochemical complex with an estimated investment of 12 bln usd.
'These two plants are part of a programme of about 10 petrochemical units with a total cost of 12 bln usd, of which five are still to be built', said the vice-president of Algerian state oil company Sonatrach's downstream activities, Abdelhafid Feghuli, last night after the two contracts were signed.
French oil company Total signed a contract worth 3 bln usd (2.18 bln eur) to build an ethane cracker at Arzew in western Algeria to manufacture various types of polyethylene and ethylene destined for domestic and international markets, Sonatrach国営石油会社 said.
A joint venture will be formed for the ethane cracker plant, in which Total will hold 51 pct and Sonatrach will hold 49 pct. Total was competing with Saudi group Sabic for the order, but the French group won the order as it offered Sonatrach a 70 pct share of the profits, while Sabic only offered 55.12 pct.
The Almet consortium comprises Kuwaiti company Qurain, German company Lurgi, Trinidad's PPSL, Japan's Mitsui, and Algerian company Sotraco. Sonatrach awarded Almet the contract to build a methanol production facility at the Arzew industrial zone. The amount of the investment is estimated at 1 bln usd, and annual production is estimated at 1 mln tonnes of methanol, destined for the international market.
A joint venture will also be formed for this plant, in which Sonatrach will hold 49 pct and Almet 51 pct. Almet has offered Sonatrach a 76.09 pct share of the profits.
Total and Sonatrach Partner to Build a Petrochemical Complex in Algeria
Following a call for tenders, Total has been selected to build a petrochemical complex in Arzew, near Oran, Algeria, in partnership with Sonatrach.
The project encompasses the construction of an ethane cracker and three product lines. The cracker will have a capacity of 1.4 million metric tons per year. The feed gas will come from southern Algerian fields. The cracker will produce around 1.1 million metric tons of ethylene per year, which will be processed into 410,000 metric tons of monoethylene glycol, 350,000 metric tons of high density polyethylene and 450,000 metric tons of linear low density polyethylene, mainly for export.
The investment required is estimated at around $3 billion. Development design will be launched shortly, with commissioning of the units scheduled in about five years.
The project is in line with Total’s strategy of expanding its petrochemical activities through world-class facilities and securing preferred access to feedstock.
Present in Algeria since 1946, Total’s equity production was 80,000 barrels of oil equivalent per day in 2006 coming from Hamra and Tin Fouyé Tabankort fields as well as stakes in the Rhourde El Khrouf and Ourhoud fields through its interest in Cepsa.
2007/12/4 Total 2007/7/25 アルジェリアの石油化学計画
Total and Sonatrach
Confirm Construction of a Petrochemical Complex in Arzew, Algeria
Christophe de Margerie, Chief Executive Officer of Total, and
Mohamed Meziane, Chairman and Chief Executive Officer of
Sonatrach, today signed a framework agreement to build a
petrochemical complex in Arzew, near Oran.
The agreement follows on from the Memorandum
of Understanding
signed this summer by the two companies to jointly develop a
petrochemical complex equipped with an ethane cracker and
three product lines.
Both parties have conducted feasibility studies, in particular to
determine the location of the complex and unit capacity. As a
result, technology tenders will be soon issued.
The cracker will have a capacity of 1.4 million metric
tons per
year, with the feed gas coming from fields in southern Algeria.
It will produce 1.1 million metric tons of
ethylene per
year, which will be processed into polyethylene (two
units with a total capacity of 800,000 metric tons per year) and monoethylene
glycol (550,000 metric tons per year). The products will be mainly for
export, with some also sold in the domestic market.
The investment required is estimated at around $3 billion, with commissioning of the units
scheduled within five years.
“Total
is delighted with this agreement, which is in line with our
strategy of expanding our petrochemical activities based on
world-class facilities. It signals our entry into Algeria’s petrochemical industry and
strengthens the existing partnership between Total and Sonatrach
in oil exploration and production,” said Christophe de Margerie.
2007/12/4 rttnews.com
France's Sarkozy Picks Contracts Worth $7.3bn In Algeria []
France and Algeria signed a landmark nuclear cooperation agreement Tuesday, the first such accord between France and an Arab Muslim country, during a visit by French President Nicolas Sarkozy.
The three-day visit by the French president netted contracts worth more than $7.3 billion, including construction by Total of a petrochemical complex in Arzew, in the west, and transport contracts.
The nuclear agreement would allow France to transfer nuclear technology and the eventual construction of a nuclear reactor for civilian use in this North African nation. However, the European Community of Atomic Energy must approve the framework nuclear cooperation accord.
The agreement is far bolder than a June protocol the United States signed with Algeria, which was mainly limited only to an exchange of experts and the development of common research programs.