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Russia's Stroitransgaz to bid for gas facility project in Algeria

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ALGIERS, May 21 (RIA Novosti) - Russian pipeline company Stroitransgaz will bid for the construction of a gas processing facility in Algeria, the company's first vice president said Sunday.

A tender to build a gas processing facility to produce ammonia acid has been announced by Algerian state-run company Sinotracy.

Leonid Bokhanovsky said Stroitransgaz would file an application in consortium with Russia's independent natural gas producer Itera. He said the company was currently preparing relevant documents and would submit its bid in September 2006.

"If we win the tender, we intend to invest more than $300 million in the project," Bokhanovsky said.

He said ammonia acid was used as the basis for the production of chemical fertilizer mainly sold to North America and southern Europe.

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