Related Articles
Forward article link
Share PDF with colleagues

Algeria talks tough on gas renegotiations

Industry observers had predicted changes to the structure of long-term gas contracts. But Sonatrach and the government appear uncompromising

Algeria's long-term pipeline gas and LNG supply contracts with European customers have been up for renewal in recent months. Received wisdom was that it would follow the lead of Russia and Norway in including a much larger element of hub-based pricing to replace some of the traditional oil price linkage in the contracts. In return, customers were expected to concede some of the flexibility built in to the take-or-pay contracts, and potential reduce overall volumes to leave state-owned oil and gas firm Sonatrach with more gas production for its own LNG portfolio. And this may have been how it played out in completed renegotiations or in those soon to conclude. But, if so, the Algerian gover



{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Russia mulls fiscal changes to boost less-advantaged oil
24 January 2022
Last year saw reserve replacement at over 100pc. But there are concerns this is unsustainable without better incentives
KRG craves 2022 stability
24 January 2022
Having benefitted from improved oil prices and better relations with Baghdad in 2021, Erbil is looking for more of the same
Shell ruling casts shadow over South Africa
24 January 2022
The court’s decision on the major’s seismic survey could have wider implications for the country’s upstream
Sign Up For Our Newsletter
Project Data
PE Store
Social Links
Social Feeds
Featured Video