Middle East Economic Survey

VOL. XLVIII

No 44

31-October-2005

ALGERIA

Sonatrach To Supply 250-500Mn CFD LNG To Sempra Energy

Sonatrach on 24 October signed a non-binding heads of agreement (HOA) to supply Sempra LNG of the US with 250- 500mn cfd of LNG over a 20-year period. LNG will be shipped to Sempras Cameron LNG receipt terminal, which is being developed in Louisiana and should begin operating by end-2008. The agreement, according to Sonatrach CEO Muhammad Meziane, is an important step towards...