VOL. XLVII

No 15

12-April-2004

ALGERIA

Khelil Reiterates Support For Long-Term Gas Contracts

Algerian Energy and Mines Minister Chakib Khelil has reiterated his support for long-term gas contracts in a speech to the LNG 14 Conference, which was held in Doha on 21-24 March. Mr Khelil said that LNG demand would grow faster than that for any other type of energy source over the next 30 years as inter-regional trade grew. But he warned that due to the heavy investment requirements of LNG projects,...