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Economy / Algeria

Algeria Plans US$45.5bn Investment

August 2008 | Industry News

Algeria plans to invest a total of US$45.5bn in its energy sector over 2008-2012. State-owned company Sonatrach is expected to invest the majority of the figure, US$35.8bn, while foreign partners will make up the remainder, US$9.7bn, according to energy minister Chakib Khelil.

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