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Sonatrach signs gas accord with Portuguese firm

State energy company Sonatrach and Energias de Portugal (EdP) have signed a memorandum of understanding (MoU) to form a strategic partnership covering natural gas and electricity on the Iberian peninsula.The partnership covers the creation of a 50:50 joint venture for the commercialisation of natural gas and a long-term agreement for the provision of up to 2,000 million cubic metres a year of gas by Sonatrach to EdP, the majority of which would be for joint projects operated by ...

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