VOL. XLV

No 11

18-March-2002

ALGERIA

Sonatrach Signs LNG Term Sale With Iberdrola, Plans Medgas Pipeline GasSale

Sonatrachannounced on 9 March it had signed a sales and purchase agreement with Spains Iberdrola covering 1bn cu ms of LNG annually over 15 yearsas well as a letter of intent for Iberdrola to buy afurther annual 1bn cu ms of natural gas to be supplied via the planned Medgas pipeline, which will link BeniSaf on the western Algerian coast with Almeria in southern Spain (MEES, 28...