Sonatrach acquires LNG tankers
State oil company Sonatrachsigned on 31 October deals with Itochu Corporation and Mitsui& Company, both of Japan, for the purchase of two 75,000-cubic-metre liquefied natural gas (LNG) tankers. A financing agreement for the estimated $160 million contract has been signed between Sonatrach, its shipping subsidiary SNTM Hyprocand Calyon. Calyon will be responsible for arranging up to 75 per cent of the financing. The agreement ...
Subscriber access only
Sign In
- If you are a new, paid MEED subscriber accessing the site for the first time, please activate your account.
- If you are a registered user who would like to to enjoy unlimited access to MEED.com, click subscribe to purchase a subscription or contact Customer Service by email or by calling +971 (0) 4 368 1588.
- Alternatively, you may browse MEED.com as a registered user for free. Our quick registration will allow you to sample premium business intelligence which is otherwise only available to paying subscribers through our Editor's Choice section, sign up for newsletters and to set up a library of saved articles.
