• Short Summary

    THE FIRST STATE-OWNED PIPELINE IN THE ARAB WORLD WAS INAUGURATED IN ALGERIA ON SATURDAY BY COLONEL BOUMEDIENNE.

  • Description

    THE FIRST STATE-OWNED PIPELINE IN THE ARAB WORLD WAS INAUGURATED IN ALGERIA ON SATURDAY BY COLONEL BOUMEDIENNE. IN HIS SPEECH, PRESIDENT BOUMEDIENNE PLEDGED GOVERNMENT GUARANTEES FOR FOREIGN INVESTORS WHO RESPECT ALGERIA'S SOCIALIST CHOICE. BUT HE MADE IT CLEAR THAT "ALGERIA WOULD REJECT ANYTHING WHICH COULD LEAD IN ANY SHAPE OR FORM TO FOREIGN CONTROL."
    THE 500 MILE (805 KM) PIPELINE JOINS THE RICH SAHARAN OILFIELD WITH THE MEDITERRANEAN PORT OF ARZEW. IT WAS BUILT BY A BRITISH FIRM.

    PRESIDENT BOUMEDIENNE TOOK THE OPPORTUNITY OF THE CEREMONY AT ARZEW TO ANNOUNCE THAT ALGERIA WOULD LAUNCH A PROGRAMMED BEFORE THE END OF THIS YEAR WHICH WOULD TAKE NATURAL GAS PRODUCTION FROM ABOUT 60,000 MILLION CUBIC FEET (1700 MILLION CUBIC METRES) TO 350,000 MILLION CUBIC FEET (10,000 MILLION CUBIC METRES) A YEAR. TWO NEW GAS PIPELINES WOULD BE BUILT TO CARRY THIS GAS FROM THE SAHARA: ONE TO SKIKDA, AND ONE "VERY PROBABLY" TO ARZEW. LIQUEFACTION PLANTS FOR GAS TO BE EXPORTED WOULD BE BUILT IN THESE TOWNS. THE PRESIDENT SAID THAT EVEN IF NEGOTIATIONS UNDER WAY WITH EUROPEAN COUNTRIES WERE NOT SUCCESSFUL, THE GAS PIPELINES WOULD STILL BE BUILT TO HELP ALGERIA'S OWN INDUSTRIAL DEVELOPMENT.

    REVIEWING HIS COUNTRY'S ECONOMIC FUTURE, PRESIDENT BOUMEDIENNE SAID THAT NATURAL GAS WOULD HELP ALGERIA TO ESTABLISH ITS OWN PETROCHEMICAL INDUSTRY - INCLUDING A FERTILIZER PLANT AT ARZEW. IT WOULD ALSO SUPPLY ENERGY FOR A PROPOSED FRANCO-SOVIET IRON AND STEEL COMPLEX AT BONE IN EASTERN ALGERIA AND FOR PHOSPHATE MINES AT DJEBEL ONK.

  • Tags

  • Data

    Film ID:
    VLVA4DBQ0TTX2BP34A97IEIMLX0IF
    Media URN:
    VLVA4DBQ0TTX2BP34A97IEIMLX0IF
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    20/03/1966
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:01:05:00
    Time in/Out:
    /
    Canister:
    N/A

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