Naturgy, Sonatrach tweak gas sales agreement
Senior Sonatrach executives have held a meeting with Naturgy to review gas agreements.
Naturgy
Missing diplomatic bag not enough to save Egypt
Egypt has lost its bid seeking more time in its dispute with Union Fenosa Gas (UFG), over a failure to supply gas to a liquefaction plant at Damietta.
Sonatrach completes Medgaz acquisition
Sonatrach has increased its stake in the Medgaz pipeline to 51%, following the completion of a deal with Spain’s Cepsa.
Egyptian deal falls apart for Eni, Naturgy
A deal that would have seen Eni increase its stake in Egypt’s LNG sector, and Naturgy bow out, has come apart as coronavirus has interfered.
LNG cargoes cancelled as virus compounds US export glut
A buyer of LNG has cancelled two cargoes from Cheniere Energy, the biggest US exporter, as a global glut pummels prices for the fuel and threatens to shut a key outlet for shale production.
Cepsa to sell out of Medgaz link
Sonatrach has signed a deal to increase its stake in the Medgaz gas pipeline to 51%, from 43%. The remainder will be held by Naturgy.