Algerian state energy company Sonatrach signed a deal June 25 with France’s Total to extend its supply of 2 million tonnes a year of LNG to the French market for another three years, Sonatrach said.
Relations between Sonatrach and Total had deteriorated after Algeria blocked the sale of Anadarko assets to the French company, energy sources said.
Recommended Reading
Exxon Aims to Boost Guyana Gas Production, Explore Export Options
2025-02-21 - Production capacity in Guyana is expected to surpass 1.7 MMbbl/d, with gross production growing to 1.3 MMbbl/d by 2030.
EIA Reports Larger-Than-Expected NatGas Withdrawal, Again
2025-02-20 - The storage drop failed to offset warmer forecasts, as natural gas prices dipped following a three-week rally.
Petrobras Signs on for 15 Years of LNG from Centrica
2025-02-20 - Petróleo Brasileiro SA has signed a 15-year purchase and sale agreement with British global natural gas supplier Centrica.
EQT: Gas Demand Likely to Outpace Midstream Sector’s Ability to Supply
2025-02-19 - Most infrastructure projects being built will not come online for another year—too late for the quickening pace of gas demand.