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Tuesday, February 26, 2019
Algeria inaugurated the Baraki modernized Sidi R’cine oil refinery. Production from the Sidi R’cine refinery will cover the country’s petroleum needs for 18 states, over a third of Algeria’s 48 states.
The rehabilitation and extension work on the pre-existing refinery had been awarded to French company, TechnipFMC in 2010, but in 2015 the contract was broken due to considerable delays. In 2016, the government awarded the rehabilitation contract to China Petroleum Engineering and Construction for almost $380 million.
In 2017, the government announced that the modernization works on the refinery would increase the capacity of the unit from 2.8 million tons to 3.7 million tons per year.
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