VOL. XLVI

No 44

3-November-2003

ALGERIA

BP, Sonatrach Form JV To Supply LNG To UK

BP and Sonatrach agreed on 25 October to form a joint venture to supply LNG to the UK market, using the planned Isle of Grain LNG import terminal 20 miles east of London. The joint venture will also seek to expand its operations to the US and other markets. The UKs National Grid Transco (NGT), which operates the terminal, announced on 24 October that it had agreed a 20-year contract for the sale of the initial...