ALGERIA

Trunkline LNG Deal Flexible on Prices and Volumes

Emerging details of the recently-announced agreement between Algeria's Sonatrach and the Panhandle subsidiary Trunkline for the sale of Algerian liquefied natural gas (LNG) to the US over a 20-year period (MEES, 4 May) make it clear not only that the deal is a sharp break with previous Algerian practice as regards both volume and prices but also that it might be regarded more as a statement of intention than an actual sales...