Hyflux says offtake agreement with Algerian desalination plant purportedly terminated

SINGAPORE (Nov 21): Hyflux says buyers of its 200,000 cubic metres/day seawater desalination plant at Souk Tleta in Tlemcen, Algeria, has purportedly issued a notice of termination for the existing water purchase agreement.

In a Tuesday filing, the water-treatment and power company says Almiyah Attilemcania SpA (AAS), the company responsible for the development of the project, and 30% owned Tlemcen Desalination Investment Company SAS (TDIC) and the 51% shareholder in AAS, had separately received the notice of termination.

The Souk Tleta plant supplies water to Algérienne des Eaux, the state-owned national water company of Algeria, and Sonatrach, the national oil company. Operation and maintenance of the project is performed by a subsidiary of the group, Hyflux-TJSB Algeria SpA.

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