TITLE

Critics round on abandoned GTL project

PUB. DATE
May 2007
SOURCE
MEED: Middle East Economic Digest;5/11/2007, Vol. 51 Issue 19, p15
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of the Algeria Energy & Mines Ministry to cancel its first gas-to-liquids (GTL) project on April 21, 2007. The project had been complicated by a number of factors. The rise in costs, the implications of and confusion surrounding a new hydrocarbons law introduced in July 2005, and the client's preference for a smaller GTL plant than the one favoured by the bidders all led to protracted negotiations, according to the report.
ACCESSION #
25244726

 

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