ALGERIA

Distrigas of US Settles with Sonatrach

Following the conclusion last month of a new liquefied natural gas (LNG) deal with its former US customer Trunkline (MEES, 4 May), Algeria's Sonatrach has now reached an interim settlement of a long-lasting dispute with another former US purchaser of Algerian LNG, the Cabot subsidiary Distrigas. Boston-based Distrigas, which originally signed a contract to purchase 1.2bn cubic meters of LNG annually over a 20-year period in 1976 (MEES, 26...