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Spanish group wins Gassi Touil

A consortium of Repsoland Gas Natural, both of Spain, has been awarded the long-awaited Eur 1,628 million ($2,121 million) contract for the exploration, production, liquefaction and marketing of liquefied natural gas (LNG) from Gassi Touil in the east of the country. Repsol holds a 60 per cent stake in the consortium, with Gas Natural holding the remaining 40 per cent. The client is state oil company Sonatrach.

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