VOL. XLIV
No. 05
29-January-2001
ALGERIA
Sonatrach Signs $2Bn Upstream Gas Marketing Agreement With Petronas And Gaz de France
Algerias state-owned Sonatrach on 20 January signed a production-sharing agreement with Petronas Carigali Overseas, a wholly-owned subsidiary of Malaysias Petronas, and Gaz de France for the exploration, development and production of Ahnet gas, as well as for future joint marketing of the new gas. The plan is to produce 3.5 to 7BCM of natural gas annually for 25 years....
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