Anadarko and BHP Sign Exploration Agreements
Anadarko Algeria, a subsidiary of Anadarko Petroleum of the US, hasinitialled a production-sharing exploration agreement with Algeria's Sonatrachcovering 20,000 sq. kms. in four areas (Berkine, El-Merk, Sidi Yedda andTisselit) in the Ghadames and Illisi basins in southeast Algeria near the Libyanborder. Until 1987 Anadarko was owned by Panhandle Eastern of the US, whichimports Algerian liquefied natural gas (LNG)...