Repsol YPF y Gas Natural SDG se adjudican un proyecto integrado de gas natural licuado en Argelia

Press Release 17/11/2004 07:00

Repsol YPF and Gas Natural win first integrated LNG project in Algeria to be awarded to consortium with foreign companies.
The two companies will invest EUR1,628 million for the joint production, exploration, liquefaction and marketing of an oil and gas reserve owned by the Algerian state company Sonatrach, in the Gassi Touil Rhourde Nouse-Hamra region, in the eastern part of the country.
The new project contributes significant internal and external synergies, thanks to the presence of both companies in Algeria and their relevant positioning in gas markets in Spain and the United States.