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Algeria restarts Sidi Rezine oil refinery

Feb 27, 2020
1 min read
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Algeria has restarted the Sidi Rezine oil refinery in Algiers after modernisation works that lift annual output to 3.645 million tonnes from 2.7 million tonnes a year ago, official media reported.

Fuel importer Algeria aims to start exporting gasoline next year and diesel in 2024 after upgrades to its refineries, state news agency APS said, quoting Sidi Rezine plant manager Hassen Boukhalfa.

Inaugurated by Prime Minister Abdelaziz Djerad, the Sidi Rezine refinery was shut down in 2018 for modernisation work by China Petrolum Engineering and Construction (CPECC).

Algeria currently produces about 30 million tonnes of refined products a year and imports large quantities to meet growing domestic demand.

OPEC member Algeria’s gasoline output reached 2.7 million tonnes in 2019, against total domestic consumption of 4 million tonnes, Boukhalfa said.

It aims to stop imports this year and begin exporting in 2021 after completion of the upgrades at other refineries.

The modernisation plan will also help to increaase diesel production, paving the way for first exports in 2024, Boukhalfa said.

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