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MENAFN - Kuwait News Agency (KUNA) - 16/09/2012

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(MENAFN - Kuwait News Agency (KUNA)) Constructions began Saturday for a multi-billion-dollar oil refinery in Algeria with a yearly production capacity of up to five million tons.

The USD-three-billion refinery, in the Baskara area, southern Algiers, will be producing 500,000 tons of benzine, 220,000 tons of Liquefied Petroleum Gas (LPG) and 169,000 tons of kerosene, minister of energy Yusuf Yusufi said in a statement.

This project, he added, would create thousands of jobs, including 600 permanent ones.

Yusufi said construction of the petrochemical units was taking place in parallel with the building of the refinery.

 






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