Middle East Economic Survey

VOL. XLVIII

No 27

4-July-2005

ALGERIA

Sonatrach Resumes Shipments Of LNG To UK

Sonatrach has resumed shipments of liquefied natural gas (LNG) to the UK after a break of 40 years. Under a 20-year contract worth $16bn, BP loaded its first 138,000 cu ms cargo at Arzew-Djedid terminal near Oran. The shipment put to sea on 29 June aboard the Berge Arzew and will be delivered to the Isle of Grain LNG terminal in the Thames estuary. BP and Sonatrach agreed in 2003 to form a...