BECHTEL LANDS MAGHREB PIPELINE CONTRACT

Algeria's state petroleum company Sonatrach has let a lump sum contract worth more than $450 million to Bechtel Corp. to engineer and construct the 330 mile Algerian segment of the Maghreb-Europe gas pipeline. When complete in 1996, the Maghreb-Europe pipeline system will be the first large diameter gas transmission link from Morocco to the European continent. Spanish gas company Enagas later this year is to award construction contracts on the Moroccan and Spanish portions of the pipeline.

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