No 48



Sonatrach To Supply Statoil With LNG For Cove Point Terminal

Sonatrach agreed on 25 November to supply Statoil with 1 bcm of gas per year in the form of LNG, to be supplied to the Cove Point terminal in Maryland, one of four US terminals used to regasify LNG. Deliveries will start in December. The Sonatrach agreement covers about 40% of the capacity available to Statoil at Cove Point, and supplements a similar deal concluded with Tractebel in September....