Gulf Oil and Gas accountACCOUNT

Algeria Won't Extend Crude for Products Deal with Vitol beyond April

Source: www.gulfoilandgas.com 4/24/2019, Location: Africa

Sonatrach has decided not to extend its crude-for-oil products deal with trading house Vitol that ends this month. The move comes as Sonatrachís 175,000 barrel per day (bpd) Italian oil refinery, which it acquired from U.S. major Exxon Mobil last year, returns from maintenance. The maintenance began on Feb. 21 and is scheduled to last for 45 days. The Vitol deal, which started in February last year and was due to end in December, was extended until the end of April. Under the agreement, Vitol takes up to 2 million barrels of crude per month from Sonatrach and provides refined products to the Algerian firm.

Natural Gas News in Algeria >>

Australia >>  7/11/2019 - Cooper Energy (COE) announces it has signed a new gas supply agreement with Visy for the supply of 7.6 petajoules of gas from Sole for three years fro...
Russia >>  7/3/2019 - On July 1, the Gazprom Group signed a five-year contract to purchase natural gas from Turkmengas (for the period through June 30, 2024). According to ...

United States >>  7/3/2019 - Bechtel and customer Cheniere Energy announced the completion of the first commissioning cargo with liquefied natural gas (LNG) from Train 2 at the Co...
Tunisia >>  7/2/2019 - Claudio Descalzi, CEO of Eni, and Slim Feriani, Tunisian Minister of Industry, signed the new agreement for transporting Algerian natural gas through ...

Algeria >>  6/26/2019 - Enel and Algerian state-owned oil and gas company Sonatrach agreed to extend their current gas supply contract, set to expire at the end of 2019. The ...
Israel >>  6/25/2019 - Energean Oil and Gas plc (ENOG) pleased to announce that it has signed a Detailed Agreement with Israel Natural Gas Lines (INGL) for the transfer of t...

Related Categories: Coal  Electricity  General  Natural Gas  Oil 

Related Articles: Coal  Electricity  General  Natural Gas  Oil 


Algeria Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 |

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.