No. 38



Sonatrach Signs With CEPSA To Study Feasibility Of Gaslink To Europe

Sonatrach and the Spanish petroleum group Cia Española de Petróleos SA (CEPSA) announced on 6 September the signing of a protocol agreement to set up a 50-50 joint venture to carry out a feasibility study on a projected 450 km gas pipeline linking Algeria with Europe via Spain. The capital of the joint venture will be $500,000, Sonatrach said. The pipeline project, which will run...