Algeria to get higher gas price in new deals with Italy, Spain

algeria to get higher gas price in new deals with italy spain

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Algeria will benefit from higher natural gas prices as it locks in deals with two European Union nations anxious to secure enough natural gas supplies for the coming winter. State-controlled Algerian energy producer Sonatrach Group concluded a deal with Italy’s Enel SpA last Wednesday and said it will soon announce one with Naturgy Energy Group SA, ending a months-long stalemate with the Spanish utility over contractual price revisions.
An agreement with Naturgy will be ready “in the next few days,” Sonatrach President Toufik Hakkar said at an event on Wednesday, according to Algerian state news agency APS. At the same event, Hakkar announced the deal with Enel and said it has agreed price

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Algeria to get higher gas price in new deals with Italy, Spain

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Gulf Times Algeria to get higher gas price in new deals with Italy, Spain Algeria will benefit from higher natural gas prices as it locks in deals with two European Union nations anxious to secure enough natural gas supplies for the coming winter. State-controlled Algerian energy producer Sonatrach Group concluded a deal with Italy’s Enel SpA last Wednesday and said it will soon announce one with Naturgy Energy Group SA, ending a months-long stalemate with the Spanish utility over contractual price revisions.An agreement with Naturgy will be ready “in the next few days,” Sonatrach President Toufik Hakkar said at an event on Wednesday, according to Algerian state news agency APS. At the same event, Hakkar announced the deal with Enel and said it has agreed price

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