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...
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