Maire Tecnimont S.p.A. has announced that its main subsidiary Tecnimont S.p.A. has been awarded an EPC contract by the Direction Centrale Engineering & Project Management of Sonatrach for the execution of an LPG extraction plant inside the existing Rhourde El Baguel oil and gas treatment complex, located in northeastern Algeria.
The overall contract value is about US$380 million, to be executed on a lump sum basis.
The scope of the project entails the implementation of a new LPG extraction plant with the capacity to process 10 million standard m3/d of associated gas from the existing facilities. The completion of the plant is scheduled within 36 months from the contract’s effective date.
LPG is a pressurised liquid mixture of propane and butane, mainly used as fuel in heating and cooking appliances, and vehicles.
Alessandro Bernini, Chief Executive Officer of Maire Tecnimont Group, commented: “We are proud of consolidating our track record with Sonatrach also in consideration of the strategic relationship between our two countries in the current global energy supply scenario. This achievement furtherly strengthens our presence in the Algerian market and in the gas monetisation segment, where our Group consolidated a solid experience in other Middle East and North African countries”.