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Wednesday, 20 July 2016

Sonatrach wants to sell LNG to Egypt

Sonatrach, the Algerian state-owned oil company, has contacted the Egyptian embassy in Algiers to notify EGAS that it wants to resume LNG talks, Al Shorouk reported. EGAS had reached an agreement with Sonatrach in March 2015 to buy six LNG cargoes, but it is not clear if the agreement was renewed. EGAS plans to buy 110-120 LNG cargoes throughout next year.

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