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The joint venture partners behind the US$10 billion Trans-Saharan Gas Pipeline project could award the front-end engineering and design (FEED) contract by the end of 2009.
Reports from local news outlets in Algeria reported that sources close to the project said that the 4,128 kilometre pipeline could award the FEED contract this year with EPC contracts for the construction work to follow soon after.
The completion date for the project is expected to be 2015.
When complete, the Trans-Saharan Pipeline will transfer around 30 billion cubic metres of gas per annum from Nigeria and Niger to Algeria where it will then be processed and transported to mainland Europe.
The state-owned Nigerian National Petroleum Corporation and Sonatrach from Algeria each own a 45% stake in the project with Niger holding a 10% stake.
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