Repsol, Gas Natural sign for Gassi Touil
Repsol and Gas Natural, both of Spain, signed on 14 March a joint venture agreement with Sonatrach to implement the $2,100 million Gassi Touil gas export project. Under the agreement, a new project company called Sociedad de Licuefaccion (SDL) will be formed to build a liquefied natural gas (LNG) plant on the northern coast, and appraise and develop the Gassi Touil gas deposit in the east of the country. The new LNG facility will have capacity of 4 million tonnes a year and is expected ...
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