Enel to renew gas import contract with Algeria


Algeria-  Italy’s biggest utility Enel is close to renewing its gas supply import deals with Algeria.

The new deals will be for a contractual period of less than 10 years and will probably be for an 8-year period, Reuters reported.

Yesterday Tuesday,  energy group Sonatrach and the Portuguese oil and gas company Galp Energia signed agreements on the supply of Algerian natural gas to the Portuguese market for a volume of 2.5 billion m3 per year over a period of ten years .

Under these agreements, the national oil company Sonatrach and the Portuguese company Galp extend their historic partnership by 10 years.


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