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.
Air Products, the US LNG equipment-maker and industrial gas company, and Algerian state-owned oil and gas company Sonatrach have signed two gas production and delivery agreements.
The heads of the major energy companies of France, Italy and Algeria have signed two agreements for an exclusive partnership for an exploration campaign offshore the LNG-producing North African nation.
French natural gas pipeline and system operator GRTgaz said a “force majeure” has been declared by Algerian energy company and liquefied natural gas producer Sonatrach and deliveries have been disrupted to two LNG import terminals near Marseilles in the south of France.
Algeria, the second-largest natural gas supplier to Europe after Russia, has restarted its Skikda liquefied natural gas plant on the Mediterranean coast after a two-month planned maintenance as the North African nation aims to make 2017 a year of advances in its gas industry.
Italian energy company Eni said its Chief Executive Claudio Descalzi has held talks in Algeria and signed an agreement on the extension of oil and natural gas production licenses as the North African nation aims to boost production of liquefied natural gas and pipeline gas to Europe.