VOL. XXXI
NO. 10
14-DECEMBER-1987
ALGERIA
Distrigas Initials Trunkline-Style LNG Settlement
The Boston-based subsidiary of Cabot Corp. of the US, Distrigas, hasannounced that it has reached preliminary agreement on a settlement of itsdispute with Algeria's Sonatrach over sales of liquefied natural gas (LNC) tothe American company.
Distrigas signed an agreement with Sonatrach in 1976 to purchase 1.2bn cu.ms. a year of LNG annually over a 20- year period beginning in 1979, butunilaterally terminated...
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