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


United Kingdom >>  8/9/2022 - Centrica and Delfin Midstream Inc. announced the signing of a Heads of Agreement to purchase 1.0 million tonnes per annum (MTPA) of Liquefied Natural ...
Australia >>  8/8/2022 - Beach Energy (BPT, Beach) is pleased to confirm finalisation and signing of the LNG Sale and Purchase Agreement (“SPA”) with BP Singapore Pte. Limited...

Brazil >>  8/5/2022 - Petrobras, following up on the release disclosed on 05/24/2022, informs that it has celebrated a new addendum to the natural gas purchase contract wit...
Pakistan >>  8/3/2022 - Engro Eximp FZE, a subsidiary of Engro Corporation, announced today that it has entered a Memorandum of Understanding (“MOU”) with Excelerate Energy, ...

Netherlands/Holland >>  8/1/2022 - Gasunie subsidiary EemsEnergyTerminal has sold the remaining capacity of the LNG terminal in Eemshaven to ENGIE SA who purchased the last 1 billion cu...
Russia >>  7/29/2022 - In the course of its business, the JSC “Latvijas Gaze” purchases natural gas from other suppliers, paying in the EUR currency as required under the re...




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