Sonatrach wins gas deal
State oil company Sonatrach has signed a long-term agreement to supply Energias de Portugal (EDP) with up to 1,600 million cubic metres a year of natural gas. The deal gives Sonatrach a 25 per cent stake in the development of three EDP combined-cycle power plants and a place on EDP's supervisory board. It is subject to approval by the companies' boards. Sonatrach bought 2 per cent of EDP in April.
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.
