Statoil, Sonatrach Sign LNG Extension Deal

Monday, March 03, 2008
StatoilHydro and Sonatrach agreed on to extend a liquefied natural gas (LNG) supply accord and allow Sonatrach access to one of Statoil' terminals abroad, Sonatrach said. The agreement gives Sonatrach the right to use Statoil's regasification capacity at the U.S. Cove Point import terminal to deliver two billion cubic metres per year of LNG to U.S customers for 15 years from 2009, a Sonatrach statement said.

The document signed in Algiers also includes an agreement for Sonatrach to sell an additional one billion cubic metres of LNG per year between 2009 and 2014. That volume will be transported to the same terminal, the statement carried by the official news agency APS said. The sale deal is an extension of a contract signed between the two sides in 2003, APS said. source: AP

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

LNG

ABS Approves Design for GTTNA’s LNG Bunker Barge

GTT North America (GTTNA), the Houston-based subsidiary of French engineering and technology company Gaztransport & Technigaz SA (GTT), received approval in principle from ABS for the design of a 2,

ISS to Support Petrobras Expansion

Inchcape Shipping Services (ISS)  has had its port agency and tanker husbandry services contract significantly enlarged by Petrobras.   The Brazilian government-owned energy giant,

Keystone Backers Keep Their Faith In Embattled Pipeline Plan

Six years after applying to build the Keystone XL pipeline, Canada's frustrated oil industry appears steadfast in its support of the plan even though Washington

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pod Propulsion Salvage Ship Electronics Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0851 sec (12 req/sec)