Algeria state energy company and LNG producer Sonatrach signs $4Bln gas development deal to supply EU
Algerian national energy company and LNG producer Sonatrach said a contract worth $4 billion had been signed relating to supplying the European Union with natural gas through further development along with European and US oil and gas majors of blocks 404 and 208 of the Berkine Basin in Eastern Algeria.
LNG exporter Sonatrach boosts earnings as Algeria helps advance Trans-Saharan Gas Pipeline to Europe
Algerian energy company and LNG exporter Sonatrach is on track to make $50 billion record earnings this year and the North African nation also attended talks during the week on the 4,000-kilometre Trans-Saharan Gas Pipeline (TSGP) from Nigeria via Algeria to bring African natural gas to Europe.
Algeria and Italy sign landmark accord to boost supplies on Trans-Med natural gas pipeline to Europe
Algeria and Italy said they had signed an agreement for the North African nation to supply more natural gas to European Union member Italy to replace falling supplies from Russia.
