ALGERIA
Spain and Algeria Sign Settlement of LNG Dispute
On 23 February the Spanish and Algerian Foreign Ministers signed an agreement in Algiers ending the three-year old dispute between the two countries over the contract between Enagas of Spain and Algeria's Sonatrach for Enagas to buy Algerian liquefied natural gas (LNG).
The dispute centered on Spain's failure to lift the quantities specified in the contract, with Algeria claiming compensation under the take-or-pay...
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