Sonatrach & Total Renew Their LNG Agreement

Source: www.gulfoilandgas.com 6/25/2020, Location: Africa

SONATRACH and Total have signed an agreement renewing their partnership in the field of liquefied natural gas (LNG) for a further three (03) years.

This agreement will supply the French market with Algerian LNG up to 2 million tonnes / year, deliveries will be made in priority to the LNG terminal at Fos Cavaou.

The two parties stressed the importance of this agreement, which is part of the long history of cooperation between SONATRACH and Total.

Commenting on this agreement, Mr. Toufik Hakkar, CEO of SONATRACH said that:

"SONATRACH confirms its status as a reliable partner, respecting its contractual commitments and enjoying a certain credibility on the international energy market".

The quality of the relations between the two historic partners made it possible to conclude this agreement in an extremely volatile market context. It opens the way to deepening the partnership relationship between SONATRACH and Total in various fields in the mutual interest of the two parties.

For more information about related Opportunities and Key Players visit Algeria Oil and Gas Projects


Singapore >>  6/9/2021 - Pavilion Energy Trading & Supply Pte. Ltd. (Pavilion Energy) and bp Singapore Pte Limited (bp Singapore) have signed a long-term LNG sale and purchas...
Ukraine >>  6/9/2021 - Naftogaz Trading Gas Supply Company LLC sold 3.6 bcm of gas in January-May 2021, which is significantly higher compared to the total of 125 mcm for th...

France >>  6/3/2021 - A working meeting of Alexey Miller, Chairman of the Gazprom Management Committee, with Jean-Pierre Clamadieu, Chairman of the Board of Directors of EN...
Germany >>  6/3/2021 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Ulf Heitmueller, Chairman of the Executive Board of VNG, to...

Hungary >>  6/3/2021 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Peter Szijjarto, Minister of Foreign Affairs and Trade of H...
Russia >>  6/3/2021 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Ivica Dacic, President of the National Assembly of the Repu...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.