Solution to Algerian-Spanish Gas Dispute May Be Near 

Algeria and Spain are apparently on the point of settling the dispute over the 1974 contract between Enagas and Sonatrach for the sale of 4.5bn cubic meters of Algerian LNG to Spain annually which has soured relations between the two countries for the last three years.

The dispute centers both on the price and quantities of the LNG lifted by the Spanish. Since full deliveries were scheduled to begin in 1982 Enagas has in...