Middle East Economic Survey

VOL. XLIX

No 40

2-Oct-2006

ALGERIA

Sonatrach Signs Gas Sales Deals For 3.2 BCM/Year With Italian Buyers

Sonatrach on 21 September announced that it had signed natural gas supply agreements with four Italian companies amounting to a total 3.2 bcm/year. The Italian utility company Edison is to purchase 2 bcm/y beginning in June-October 2008, with the contract running until 2019. Compagnia Italiana Gaz (Mogest) will purchase 500mn cu ms/y, World Energy 450mn cu ms/y and...