VOL. XLIV

No 34

20-August-2001

ALGERIA

In Salah Gas Development Deal Brings EURegulatory Issues To The Fore

AlgeriasSonatrach and BP on 11 August signed the final terms for their long-standing$2.7bn project to develop the In Salah gas fields, the first joint venturebetween Sonatrach and a foreign firm to explore, develop and market natural gason a revenue-sharing basis. In Salah Gas (ISG), the Hague-based joint-venturemarketing vehicle for the project, has also agreed to sell an annual 5bn cu ms...