Algeria and KBR sign $2.88 billion LNG plant deal

Algerian state energy firm Sonatrach signed a $2.88 billion contract with US firm KBR Inc to build a liquified natural gas (LNG) plant at eastern Skikda port, a state-owned newspaper reported on Sunday.
The facility each year will produce 4.5 million tonnes of LNG, as well as 164,700 tonnes of ethane, 207,600 tonnes of propane, 171,400 tonnes of butane, 108,700 tonnes of gasoline and 163 million cubic metres of helium-enriched gas, El Moudjahid daily reported.
Start-up is due in November 2011, the newspaper said in a report on Saturday's Algiers signing ceremony. The new complex will be built on the site of an explosion in 2004 which killed 23 people and destroyed several gas trains at the Skikda energy complex, which includes a refinery and port.