Algeria to Build 300k bpd Refinery at Tiaret

02-14-2008

Algeria is set to build a new oil refinery with a capacity of 300,000 barrels per day at Tiaret, about 350 km southwest of Algiers, the country's energy and mines minister, Chakib Khelil, announced.

"We are going to add 300,000 (bpd)," he said, adding that this would take total Algerian refining capacity to 800,000 barrels per day.” Chakib Khelil said the objective was to refine half of crude production locally.

"It is going to be located in the Tiaret region," the Algerian energy and mines Minister told reporters.