ALGERIA

 

Sonatrach And Gazprom Agree LNG Swaps

Sonatrach has provisionally agreed an LNG swap deal with Gazprom with the aim of optimizing sales to (potential) Asian customers. The Algerian state firm’s CEO ʹAbd al-Hamid Zerguine struck the deal with Alexei Miller, CEO of the Russian state giant, at a meeting on the sidelines of last week’s World Gas Conference in Kuala Lumpur. Sonatrach is keen to diversify its sales into East Asian markets, the...