No 42


EC-Gazprom Settlement Over Destination Clauses Likely To Pressure Sonatrach

The European Commissions (ECs) announcement on 6 October that it had reached a settlement with Eni and Gazprom regarding restrictive clauses in the gas sales and purchase agreements, including destination clauses, which limit a gas buyer from reselling gas across a national border, is likely to bring additional pressure on Algerias Sonatrach to swiftly complete talks on eliminating such...