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


Australia >>  7/22/2021 - Senex Energy Ltd announced a long-term domestic gas sales agreement with Adbri Limited to supply up to 11 petajoules (PJ) of natural gas to support Ad...
Brazil >>  7/16/2021 - In June, Petrobras reached the historical record in the supply of liquefied natural gas (LNG) regasified in the country, with an instantaneous volume ...

Mexico >>  7/16/2021 - - This is the first delivery under bp’s new offer and Sempra LNG’s first carbon offset LNG cargo import to Mexico. ...
China >>  7/13/2021 - China Petroleum Network News (Reporter Wang Fang, Special Reporter Zhang Yaoyu and Xiao Boqiang), the first ship of 66,000 tons of carbon-neutral liqu...

Australia >>  7/7/2021 - AN END of year snapshot at Gladstone Ports Corporation (GPC) reveals record-breaking LNG exports which GPC says is thanks to its strong relationships ...
Malaysia >>  7/7/2021 - PETRONAS LNG Ltd. (PLL), a subsidiary of PETRONAS, has secured a 10-year term deal to supply liquefied natural gas (LNG) to CNOOC Gas and Power Tradin...




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