VOL. XLIII

No. 31

30-July-2000

ALGERIA

Sonatrach Joins Spanish Regasification Terminal Joint Venture

Sonatrach signed an agreement on 20 July with several Spanish partners to establish Reganosa, a joint venture aimed at building and operating an LNG regasification terminal and gas pipeline network in northwestern Spain. Sonatrach has taken a 15% share in the venture, which also includes Spains Union Fenosa, Endesa, Groupe Tojeiro, Xunta de Galicia, Caixa de Galicia, Caixa Vigo and Banco Pastor.

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